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In trading on Friday, shares of George Weston Ltd’s Preferred Shares Series V (TSX: WN-PRE.TO) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $18.22 on the day. As of last close, WN.PRE was trading at a 26.00% discount to its liquidation preference amount.

The chart below shows the one year performance of WN.PRE shares, versus WN:

Performance Comparison Chart


Below is a dividend history chart for WN.PRE, showing historical dividend payments on George Weston Ltd’s Preferred Shares Series V:

WN.PRE+Dividend+History+Chart


In Friday trading, George Weston Ltd’s Preferred Shares Series V (TSX: WN-PRE.TO) is currently down about 0.5% on the day, while the common shares (TSX: WN.TO) are off about 0.4%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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