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Apollo Residential Mortgage's Series A Preferred Stock Shares Cross 8.5% Yield Mark

In trading on Friday, shares of Apollo Residential Mortgage, Inc.'s 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock (AMTG.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $23.52 on the day. This compares to an average yield of 7.41% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, AMTG.PRA was trading at a 4.96% discount to its liquidation preference amount, versus the average discount of 2.23% in the "Real Estate" category.

The chart below shows the one year performance of AMTG.PRA shares, versus AMTG:

Performance Comparison Chart



Below is a dividend history chart for AMTG.PRA, showing historical dividend payments on Apollo Residential Mortgage, Inc.'s 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock:

AMTG.PRA+Dividend+History+Chart



In Friday trading, Apollo Residential Mortgage, Inc.'s 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock (AMTG.PRA) is currently down about 0.7% on the day, while the common shares (AMTG) are down about 1.7%.

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