Preferred Stock Channel
Home Articles Preferred Ex-Div Calendar S&P 500 Preferreds Preferred Stocks By Industry Preferred Stock Screener
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

CAI International Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock Goes Ex-Dividend Soon

By Preferred Stock Channel Staff, Tuesday, September 28, 1:35 PM ET
Play Video: The Importance of Dividends


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts

On 9/30/21, CAI International Inc's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (CAI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5312, payable on 10/15/21. As a percentage of CAI.PRA's recent share price of $25.45, this dividend works out to approximately 2.09%, so look for shares of CAI.PRA to trade 2.09% lower — all else being equal — when CAI.PRA shares open for trading on 9/30/21. On an annualized basis, the current yield is approximately 8.33%, which compares to an average yield of 7.95% in the "Transportation" preferred stock category, according to Preferred Stock Channel.

As of last close, CAI.PRA was trading at a 2.00% premium to its liquidation preference amount, versus the average premium of 3.88% in the "Transportation" category. The chart below shows the one year performance of CAI.PRA shares, versus CAI:

Performance Comparison Chart

Below is a dividend history chart for CAI.PRA, showing historical dividends prior to the most recent $0.5312 on CAI International Inc's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock:

Free Report: Top 7%+ Dividends (paid monthly)

In Tuesday trading, CAI International Inc's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (CAI.PRA) is currently down about 0.2% on the day, while the common shares (CAI) are trading flat.

This Article's Word Cloud:   Arial   Below   Channel   Cumulative   Dividend   Dividends   Fixed   Floating   Free   Going   International   Perpetual   Preferred   Rate   Redeemable   Report   Series   Start   Stock   Stocks   Transportation   Tuesday   about   according   afterLeftLabels   amount   annualized   approximately   average   axisColor   background   basis   beforeLeftLabels   being   below   bkgImage   bottomBuffer   category   chart   dividend   escape   fillColor   mdash   premium   recent   shares   trade   trading   versus   yield

CAI International Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock Goes Ex-Dividend Soon | www.PreferredStockChannel.com | Copyright © 2011 - 2024, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.