Alcoa's Preferred Stock, Series 1 Shares Cross 7.5% Yield Mark

In trading on Wednesday, shares of Alcoa, Inc.'s 5.375% Class B Mandatory Convertible Preferred Stock, Series 1 (AA. RB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.6875), with shares changing hands as low as $35.80 on the day.