Chicken Soup For The Soul Entertainment's Series A Preferred Stock Shares Cross 10.5% Yield Mark
August 28, 2020 at 14:14 PM EDT
In trading on Friday, shares of Chicken Soup For The Soul Entertainment Inc's 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock (CSSEP) were yielding above the 10.5% mark based on its monthly dividend (annualized to $2.4372), with shares changing hands as low as $23.10 on the day. As of last close, CSSEP was trading at a 6.72% discount to its liquidation preference amount.