Apartment Investment & Management's Preferred Stock Crosses Above 6.5% Yield Territory
September 11, 2015 at 14:13 PM EDT
In trading on Friday, shares of Apartment Investment & Management Co.'s 6.875% Class A Cumulative Preferred Stock (AIV. RA) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $26.23 on the day.