In trading on Monday, shares of Boeing Co.’s Despository Shares RPRSTG 6.00% Series A Mandatory Convertible Preferred Stock (Symbol: BA.PRA) were yielding above the 5% mark based on its quarterly dividend (annualized to $3.00), with shares changing hands as low as $59.19 on the day. As of last close, BA.PRA was trading at a 23.66% premium to its liquidation preference amount. It should be noted that the preferred shares are convertible, with a conversion ratio of 0.2914 – 0.3497.
The chart below shows the one year performance of BA.PRA shares, versus BA:
Below is a dividend history chart for BA.PRA, showing historical dividend payments on Boeing Co.’s Despository Shares RPRSTG 6.00% Series A Mandatory Convertible Preferred Stock:
In Monday trading, Boeing Co.’s Despository Shares RPRSTG 6.00% Series A Mandatory Convertible Preferred Stock (Symbol: BA.PRA) is currently down about 4.1% on the day, while the common shares (Symbol: BA) are off about 5.3%.
Further BA.PRA Research:
