In trading on Friday, shares of KKR & CO Inc's 6.25% Series D Mandatory Convertible Preferred Stock (Symbol: KKR.PRD) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $3.1248), with shares changing hands as low as $46.63 on the day. This compares to an average yield of 6.87% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, KKR.PRD was trading at a 3.54% discount to its liquidation preference amount, versus the average discount of 14.07% in the "Financial" category. It should be noted that the preferred shares are convertible, with a conversion ratio of 0.3312 - 0.4140.
The chart below shows the one year performance of KKR.PRD shares, versus KKR:
Below is a dividend history chart for KKR.PRD, showing historical dividend payments on KKR & CO Inc's 6.25% Series D Mandatory Convertible Preferred Stock:
In Friday trading, KKR & CO Inc's 6.25% Series D Mandatory Convertible Preferred Stock (Symbol: KKR.PRD) is currently off about 1.5% on the day, while the common shares (Symbol: KKR) are off about 1.6%.