Ladenburg Thalmann Financial Services' Series A Preferred Stock Crosses Above 8% Yield Territory
April 24, 2015 at 14:07 PM EDT
In trading on Friday, shares of Ladenburg Thalmann Financial Services's 8.00% Series A Cumulative Redeemable Preferred Stock (LTS. RA) were yielding above the 8% mark based on its monthly dividend (annualized to $2.00), with shares changing hands as low as $24.55 on the day.