Niagara Mohawk Power Corporation PFD 3.90% Price & Performance (NMK-PC)

Investor sentiment towards UK mid and small cap stocks rebounded in the final months of 2024. After lagging behind large caps for much of the year, these segments saw a revival as market momentum shifted and valuations remained attractive. This trend helped active funds close performance gaps against broader benchmarks.1

Niagara Mohawk Power Corporation PFD 3.90% (NMK-PC) is holding at $76.10 in May 2025. The preferred stock offers a forward dividend yield of 5.15%, with a $3.90 annual dividend per share. The security has maintained consistent dividend payments for 35 years, appealing to income-focused investors.2

Vanguard Investments II's latest report shows increased allocations to leading Danish and Finnish companies, including Novo Nordisk and Vestas Wind Systems. Danish holdings rose to 4.62% of assets, while Finnish exposure stands at 1.69%, signaling confidence in Nordic market resilience and sector diversity.3