In trading on Friday, shares of Anworth Mortgage Asset Corp.'s 8.625% Series A Cumulative Preferred Stock (ANH.PRA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $23.90 on the day. This compares to an average yield of 7.84% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ANH.PRA was trading at a 2.52% discount to its liquidation preference amount, versus the average discount of 7.07% in the "Real Estate" category.
Anworth Mortgage Asset's Series A Preferred Stock Shares Cross 9% Yield Mark
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