Arch Capital Group's Non-Cumulative Preferred Shares, Series C Yield Pushes Past 6%

In trading on Thursday, shares of Arch Capital Group Ltd's 6.75% Non-Cumulative Preferred Shares, Series C (NYSE: ARH.PRC) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $28.11 on the day. This compares to an average yield of 4.02% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel. As of last close, ARH.PRC was trading at a 12.80% premium to its liquidation preference amount, ve...