General Finance's Series C Preferred Stock Yield Pushes Past 8.5%

In trading on Tuesday, shares of General Finance Corp's 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (GFNCP) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $9.20), with shares changing hands as low as $107.75 on the day. As of last close, GFNCP was trading at a 8.98% premium to its liquidation preference amount.