Apartment Investment & Management's Class Z Preferred Stock Crosses Above 7% Yield Territory
August 24, 2015 at 14:33 PM EDT
In trading on Monday, shares of Apartment Investment & Management Co.'s 7.00% Class Z Cumulative Preferred Stock (AIV. RZ) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $24.69 on the day.