SIGIP: Selective Insurance Group Inc Depositary Shares each representing a 11000th interest in a share of 4.60 NonCumulative Preferred Stock Series B 4.6% Series B Preferred Stock
Selective Insurance Group Inc Depositary Shares each representing a 11000th interest in a share of 4.60 NonCumulative Preferred Stock Series B's SIGIP is an exchange-traded preferred stock in the Fire, Marine & Casualty Insurance sector.
At a recent price of $15.89, SIGIP yields 7.24% on its $25 liquidation preference and 4.6% coupon.
It trades at a discount of 36.4% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2025-12-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.