Compass Diversified reports 27% rise in adjusted EBITDA for 2024

seekingalpha.com November 29, 2024, 04:01 PM UTC

Compass Diversified has reported a 27% increase in adjusted EBITDA for 2024. The company’s preferred shares, specifically the 7.875% C shares, are noted for their strong dividend coverage and stability compared to common stocks. The preferred shares currently offer an 8% yield, attracting income-focused investors. This yield is considered competitive in the market, highlighting the potential for solid returns. The article emphasizes the benefits of preferred stocks in income portfolios, suggesting they can provide better stability and coverage than common stocks.


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