Qurate Retail's Series A Preferred Stock Crosses Above 19.5% Yield Territory

In trading on Tuesday, shares of Qurate Retail Inc's 8.0% Series A Cumulative Preferred Stock Due 3/15/2031 (QRTEP) were yielding above the 19.5% mark based on its quarterly dividend (annualized to $8.00), with shares changing hands as low as $40.90 on the day. As of last close, QRTEP was trading at a 58.12% discount to its liquidation preference amount.