Alcoa's Preferred Stock Crosses Above 4% Yield Territory
December 08, 2014 at 15:11 PM EST
In trading on Monday, shares of Alcoa, Inc.'s $3.75 Preferred Stock (AA. R) were yielding above the 4% mark based on its quarterly dividend (annualized to $3.75), with shares changing hands as low as $86.00 on the day.