National General Holdings' Preferred Stock, Series A Crosses Above 8% Yield Territory
October 16, 2018 at 14:28 PM EDT
In trading on Tuesday, shares of National General Holdings Corp's 7.50% Non-Cumulative Preferred Stock, Series A (NGHCP) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $23.10 on the day. This compares to an average yield of 5.87% in the "Financial" preferred stock category, according to Preferred Stock Channel..