AmeriServ Financial's Series A Shares Cross 7.5% Yield Mark
September 23, 2014 at 14:09 PM EDT
In trading on Tuesday, shares of AmeriServ Financial Inc.'s 8.45% Beneficial Unsecured Securities, Series A (ASRVP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.1125), with shares changing hands as low as $28.10 on the day. This compares to an average yield of 5.51% in the "Financial" preferred stock category, according to Preferred Stock Channel..