International Shipholding's Series B Preferred Stock Yield Pushes Past 9%

In trading on Tuesday, shares of International Shipholding Corp.'s 9.00% Series B Cumulative Redeemable Perpetual Preferred Stock (ISH. RB) were yielding above the 9% mark based on its quarterly dividend (annualized to $9.00), with shares changing hands as low as $98.25 on the day.