Alcoa's Preferred Stock Crosses Above 4.5% Yield Territory
June 30, 2015 at 14:41 PM EDT
In trading on Tuesday, shares of Alcoa, Inc.'s $3.75 Preferred Stock (AA. R) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $3.75), with shares changing hands as low as $83.10 on the day.