AmeriServ Financial Beneficial Unsecured Securities, Series A Crosses Above 8% Yield Territory

In trading on Tuesday, shares of AmeriServ Financial Inc.'s 8.45% Beneficial Unsecured Securities, Series A (ASRVP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.1125), with shares changing hands as low as $26.10 on the day. This compares to an average yield of 5.75% in the "Financial" preferred stock category, according to Preferred Stock Channel..