Arch Capital Group's Preferred Shares, Series E Yield Pushes Past 5.5%
July 18, 2018 at 14:06 PM EDT
In trading on Wednesday, shares of Arch Capital Group Ltd's 5.25% Non-Cumulative Preferred Shares, Series E (ACGLP) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $23.83 on the day. As of last close, ACGLP was trading at a 4.24% discount to its liquidation preference amount..
