Compass Diversified Preferred: Well-Covered 8% Yield, Adjusted EBITDA Up 27% In 2024
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Compass Diversified Preferred 7.875% C Shares offer a high yield of 8.32% and stability, with a 28% rise in Adjusted EBITDA in 2024. The preferred dividends are well-covered with a 7.65X coverage ratio.
November 29, 2024 | 2:30 pm
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Compass Diversified's Preferred 7.875% C Shares provide a high yield of 8.32% and are backed by a strong coverage ratio of 7.65X, indicating stability and reliability in dividend payments.
The article highlights the strong financial performance of Compass Diversified, with a significant rise in Adjusted EBITDA and a well-covered dividend, making the preferred shares attractive for income-focused investors.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90