Chicken Soup For The Soul Entertainment's Series A Preferred Stock Yield Pushes Past 9%
April 12, 2021 at 14:13 PM EDT
In trading on Monday, shares of Chicken Soup For The Soul Entertainment Inc's 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock (CSSEP) were yielding above the 9% mark based on its monthly dividend (annualized to $2.4372), with shares changing hands as low as $26.97 on the day. As of last close, CSSEP was trading at a 9.04% premium to its liquidation preference amount.