Arlington Asset Investment's Series C Preferred Stock Shares Cross 9.5% Yield Mark
December 13, 2019 at 14:08 PM EST
In trading on Friday, shares of Arlington Asset Investment Corp Class A (new's 8.250% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (AI. RC) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $21.50 on the day.