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General Finance's Series C Preferred Stock Crosses Above 9% Yield Territory

In trading on Tuesday, shares of General Finance Corp's 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (GFNCP) were yielding above the 9% mark based on its quarterly dividend (annualized to $9.20), with shares changing hands as low as $102.08 on the day. This compares to an average yield of 8.32% in the "Business Services & Equipment" preferred stock category, according to Preferred Stock Channel..
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