Hatteras Financial's Series A Preferred Stock Shares Cross 8% Yield Mark

In trading on Wednesday, shares of Hatteras Financial Corp's 7.625% Series A Cumulative Redeemable Preferred Stock (HTS.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9062), with shares changing hands as low as $23.60 on the day. This compares to an average yield of 6.97% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, HTS.PRA was trading at a 3.52% discount to its liquidation preference amount, versus the average premium of 2.80% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for HTS.PRA, showing historical dividend payments on Hatteras Financial Corp's 7.625% Series A Cumulative Redeemable Preferred Stock:

HTS.PRA+Dividend+History+Chart

In Wednesday trading, Hatteras Financial Corp's 7.625% Series A Cumulative Redeemable Preferred Stock ( HTS.PRA) is currently off about 1.7% on the day, while the common shares ( HTS) are down about 1.1%.

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