PreferredStockChannel

Slideshow Preferreds Trading at the Largest Discounts

By Preferred Stock Channel Staff, updated Tue, January 21, 6:37 AM

#25. Fortress Biotech Inc | 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:FBIOP) | -15.08% CURRENT DISCOUNT

Discount to Liquidation Preference: -15.08%Average Discount in Category: -4.06%
Current Annualized Yield: 11.04%Average Yield in Category: 10.44%
Days Since Last Ex-Div Date: 36 | See Dividend History »Categorization: Biotechnology

Series:A
Redeemable?:Yes
Call Date:12/15/2022
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:1,000,000
Overallotment:150,000
Liquidation Preference:$25
Recent Market Price:$21.23
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-3.77 (-15.08%)
Annualized Dividend:2.34375
Recent Ex-Date:12/12/2019
Current Yield:11.04%
Original Coupon:9.38%
Pay Period:Quarterly
Pay Dates:31-Mar, 30-Jun, 30-Sep, 31-Dec
Fortress Biotech is a biopharmaceutical company focused on acquiring, developing and commercializing pharmaceutical and biotechnology products. Co.'s product candidates include: MB-107 (XSCID), an ex vivo lentiviral gene therapy for the treatment of X-linked severe combined immunodeficiency; Intravenous Tramadol, for the treatment of moderate to moderately severe post-operative pain; and CUTX-101, a copper histidinate injection for the treatment of Menkes disease. Co.'s other product candidates include: ConVax, CEVA-101, CEVA-D and CEVA-102, TAMID-001, AVTS-001, CNDO-109 and Methazalomide.

Preferred: FBIOP


Open the FBIO Information Page »
Name: 
Fortress Biotech Inc
Website: 
www.fortressbiotech.com
Sector: 
Biotechnology
Number of ETFs Holding FBIO: 
4 (see which ones)
Total Market Value Held by ETFs: 
$4,630,084
Total Market Capitalization: 
$199,000,000
% of Market Cap. Held by ETFs: 
2.33%

Quotes delayed 20 minutes

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferreds Trading at the Largest Discounts - Slide 1 of 25 | www.PreferredStockChannel.com

Copyright © 2010 - 2020, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.