Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Trading Down 0.2% – Should You Sell?

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report)’s share price dropped 0.2% on Wednesday . The stock traded as low as $25.27 and last traded at $25.2650. Approximately 3,901 shares were traded during mid-day trading, a decline of 72% from the average daily 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 company’s 50-day moving average price is $25.19 and its 200-day moving average price is $25.05.

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

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

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