Apollo Residential Mortgage's Series A Preferred Stock Shares Cross 8% Yield Mark
August 31, 2016 at 14:08 PM EDT
In trading on Wednesday, shares of Apollo Residential Mortgage Inc's 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock (AMTG. RA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.96 on the day.