In trading on Tuesday, shares of AmeriServ Financial Inc.'s 8.45% Beneficial Unsecured Securities, Series A (ASRVP were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.1125), with shares changing hands as low as $28.10 on the day. This compares to an average yield of 5.51% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, ASRVP was trading at a 15.60% premium to its liquidation preference amount, versus the average discount of 0.17% in the "Financial" category.The chart below shows the one year performance of ASRVP shares, versus ASRV: Below is a dividend history chart for ASRVP, showing historical dividend payments on AmeriServ Financial Inc.'s 8.45% Beneficial Unsecured Securities, Series A: In Tuesday trading, AmeriServ Financial Inc.'s 8.45% Beneficial Unsecured Securities, Series A ( ASRVP is currently down about 1.4% on the day, while the common shares ( ASRV - Get Report) are up about 2.7%.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Ask Cramer: Cisco vs. CVS, Which Stock is Better for Your Portfolio?
Should investors consider adding Cisco to their portfolio? Jim Cramer weighs in TheStreet's new video segment, #AskCramer
Jim Cramer Unveils His 5 Rules for Trading Stocks During Earnings Season
Jim tells members of his Action Alerts PLUS club for investors what to look for when earnings reports come in.
Pinterest vs. Zoom vs. Lyft: Which Tech IPO Should You Choose? -- ICYMI
Zoom is profitable already but has a very lofty valuation, while Pinterest has some clear advantages over Lyft but one big con.
Comcast Regains Its Swagger in a Brutal New Era of Streaming
Customers have a love/hate relationship with the cable TV industry because of continuously rising prices and poor customer service. The flip side is that cable TV, as a product, works, and Comcast can exploit that like no other.