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%.

More from Stocks

12 Stocks That Make Up the GLUM Index

12 Stocks That Make Up the GLUM Index

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Here's Why Snap Shares Climbed Monday

Here's Why Snap Shares Climbed Monday