Amsurg's preferred Stock, Series A-1 Crosses Above 3.5% Yield Territory
August 28, 2015 at 14:23 PM EDT
In trading on Friday, shares of Amsurg Corp's 5.250% Mandatory Convertible Preferred Stock, Series A-1 (AMSGP) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $5.25), with shares changing hands as low as $149.30 on the day. As of last close, AMSGP was trading at a 51.90% premium to its liquidation preference amount..