Arch Capital Group's Preferred Series E Shares Cross 6% Yield Mark

In trading on Thursday, shares of Arch Capital Group Ltd's 5.25% Non-Cumulative Preferred Shares, Series E (ACGLP) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $21.81 on the day. As of last close, ACGLP was trading at a 11.64% discount to its liquidation preference amount..