Apollo Residential Mortgage's Series A Preferred Stock Shares Cross 8.5% Yield Mark
July 28, 2015 at 14:07 PM EDT
In trading on Tuesday, shares of Apollo Residential Mortgage, Inc.'s 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock (AMTG. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $23.25 on the day.