On 12/26/13, AmeriServ Financial Inc.'s 8.45% Beneficial Unsecured Securities, Series A (ASRVP) will trade ex-dividend, for its quarterly dividend of $0.5281, payable on 12/31/13. As a percentage of ASRVP's recent share price of $27.15, this dividend works out to approximately 1.95%, so look for shares of ASRVP to trade 1.95% lower — all else being equal — when ASRVP shares open for trading on 12/26/13. On an annualized basis, the current yield is approximately 7.78%, which compares to an average yield of 5.96% in the "Financial" preferred stock category, according to Preferred Stock Channel.
Cash Dividend On The Way From AmeriServ Financial Beneficial Unsecured Securities, Series A
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