Willamette Valley Vineyard Series A Redeemable Preferred Shares Cross 4.5% Yield Threshold


IDuring Friday’s trading, Willamette Valley Vineyard Inc.’s Series A redeemable preferred shares (ticker: WVVIP) were selling above the 4.5% mark based on its annual dividend (annualized at 0.22 $), with shares changing hands as low as $4.75. to day. As of last close, WVVIP was trading at a premium of 18.31% to its preferred liquidation amount. Investors should keep in mind that stocks are not cumulativemeaning that in the event of a missed payment, the company does not have to pay the balance of the missed dividends to preferred shareholders before resuming a common dividend.

The graph below shows the one-year performance of WVVIP shares, compared to WVVI:

Below is a historical dividend chart for WVVIP, showing historical dividend payments on Willamette Valley Vineyard Inc. Series A Redeemable Preferred Shares:


On Friday, Willamette Valley Vineyard Inc. Series A Redeemable Preferred Stock (ticker: WVVIP) is currently down about 3.3% on the day, while common stock (ticker: WVVI) is up about 0.7%.

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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