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September 01, 2020 10:10am
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CareCloud's Series A Preferred Stock Shares Cross 13% Yield Mark

In trading on Monday, shares of CareCloud Inc's 11% Series A Cumulative Redeemable Perpetual Preferred Stock (CCLDP) were yielding above the 13% mark based on its monthly dividend (annualized to $2.75), with shares changing hands as low as $20.75 on the day. This compares to an average yield of 14.31% in the "Application Software" preferred stock category, according to Preferred Stock Channel..
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