Stericycle's Series A Preferred Stock Shares Cross 6.5% Yield Mark
July 29, 2016 at 14:20 PM EDT
In trading on Friday, shares of Stericycle Inc.'s 5.25% Series A Mandatory Convertible Preferred Stock (SRCLP) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $5.25), with shares changing hands as low as $72.46 on the day. As of last close, SRCLP was trading at a 15.28% discount to its liquidation preference amount..