Babcock & Wilcox Enterprises, Inc.'s BW-P-A is an exchange-traded preferred stock in the Heating Equipment, Except Electric & Warm Air Furnaces sector. At a recent price of $21.75, BW-P-A yields 8.91% on its $25 liquidation preference and 7.75% coupon. It trades at a discount of 13.0% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-05-07. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.