Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Shares Down 0.2% – Here’s Why

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report)’s stock price traded down 0.2% on Wednesday . The stock traded as low as $25.27 and last traded at $25.2650. 3,901 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 14,024 shares. The stock had previously closed at $25.31.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Trading Down 0.2%

The stock has a fifty day simple moving average of $25.19 and a 200-day simple moving average of $25.05.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Thursday, November 13th were issued a dividend of $0.6172 per share. This is an increase from Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028’s previous quarterly dividend of $0.62. This represents a $2.47 dividend on an annualized basis and a yield of 9.8%. The ex-dividend date was Thursday, November 13th.

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