Sound Point Meridian Capital, Inc. 7.875% Series B Preferred Shares due 2030 (SPME)
$24.67▼ −0.32%
Close Nov 12, 2026 · split-adjusted
Nov 12, 2026$24.67▼ 2.10% in range
Nov 12, 2025Low $24.40 · High $25.76Nov 12, 2026
What changed · written from our data
As of Nov 12, 2026
Sound Point Meridian Capital, Inc. 7.875% Series B Preferred Shares due 2030 closed at $24.67 on Nov 12, down 0.32%, within 1.1% of its 52-week closing low. Volume of 1.3K shares was 0.43× its 20-day average (below normal).
Split-adjusted performance: +0.3% over one month, -1.5% over six months.
Short interest was 2.5K shares at the Oct 30 settlement, down 43.0% from the prior report (1.0 days to cover).
No recent articles focused on Sound Point Meridian Capital, Inc. 7.875% Series B Preferred Shares due 2030. 2 articles mention it in passing.
Quick answers
What does Sound Point Meridian Capital, Inc. 7.875% Series B Preferred Shares due 2030 do?
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
Does Sound Point Meridian Capital, Inc. 7.875% Series B Preferred Shares due 2030 pay a dividend?
Yes. The latest regular dividend was $0.1641 per share (ex-date Nov 13), an annualised yield of 7.98%.
About Sound Point Meridian Capital, Inc. 7.875% Series B Preferred Shares due 2030
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
