American Equity Investment Life Holding's Preferred Stock, Series A Yield Pushes Past 6.5%
December 05, 2022 at 14:14 PM EST
In trading on Monday, shares of American Equity Investment Life Holding Co's 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (AEL. RA) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.4875), with shares changing hands as low as $22.53 on the day.