American Equity Investment Life Holding's Preferred Stock, Series A Yield Pushes Past 6%
October 21, 2020 at 14:13 PM EDT
In trading on Wednesday, shares of American Equity Investment Life Holding Co's 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (AEL. RA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4875), with shares changing hands as low as $24.77 on the day.
