Arlington Asset Investment's Series B Preferred Stock Shares Cross 8% Yield Mark
February 27, 2020 at 14:23 PM EST
In trading on Thursday, shares of Arlington Asset Investment Corp Class A (new's 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock (AI. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $21.40 on the day.