American Capital Agency's Series A Preferred Stock Yield Pushes Past 8%

In trading on Wednesday, shares of American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (AGNCP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.75 on the day. This compares to an average yield of 7.20% in the "Real Estate" preferred stock category, according to Preferred Stock Channel..