Boeing's Series A Preferred Stock Shares Cross 5% Yield Mark

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.