Babcock & Wilcox Enterprises' Series A Preferred Stock Shares Cross 10.5% Yield Mark

In trading on Friday, shares of Babcock & Wilcox Enterprises Inc's 7.75% Series A Cumulative Preferred Stock (Symbol: BW.PRA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $18.11 on the day. This compares to an average yield of 9.97% in the "Industrial Machinery & Equipment" preferred stock category, according to Preferred Stock Channel . As of last close, BW.PRA was trading at a 23.28% discount to its liquidation preference amount, versus the average discount of 10.82% in the "Industrial Machinery & Equipment" category. The chart below shows the one year performance of BW.PRA shares, versus BW: Below is a dividend history chart for BW.