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04 June
Ex-Div Reminder for Jackson Financial Dep Shares Reset Rate Series A Preferred Stock

On 6/6/24, Jackson Financial Inc's Dep Shares Reset Rate Series A Preferred Stock (Symbol: JXN.PRA) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/1/24. As a percentage of JXN.PRA's recent share price of $26.76, this dividend works out to approximately 1.87%, so look for shares of JXN.PRA to trade 1.87% lower — all else being equal — when JXN.PRA shares open for trading on 6/6/24. On an annualized basis, the current yield is approximately 7.52%, which compares to an average yield of 6.73% in the "Financial" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of JXN.PRA shares, versus JXN:

Performance Comparison Chart

Below is a dividend history chart for JXN.PRA, showing historical dividends prior to the most recent $0.50 on Jackson Financial Inc's Dep Shares Reset Rate Series A Preferred Stock:

JXN.PRA+Dividend+History+Chart

In Tuesday trading, Jackson Financial Inc's Dep Shares Reset Rate Series A Preferred Stock (Symbol: JXN.PRA) is currently up about 0.6% on the day, while the common shares (Symbol: JXN) are off about 4%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.