Alcoa's Preferred Stock, Series 1 Shares Cross 6% Yield Mark
April 16, 2015 at 14:05 PM EDT
In trading on Thursday, shares of Alcoa, Inc.'s 5.375% Class B Mandatory Convertible Preferred Stock, Series 1 (AA. RB) were yielding above the 6% mark based on its quarterly dividend (annualized to $2.6875), with shares changing hands as low as $43.55 on the day.