Endurance Specialty Holdings Non-Cumulative Preferred Shares, Series B Crosses Above 7% Yield Territory

In trading on Monday, shares of Endurance Specialty Holdings Ltd's 7.50% Non-Cumulative Preferred Shares, Series B (NYSE: ENH.PRB) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $25.90 on the day. This compares to an average yield of 4.96% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, ENH.PRB was trading at a 8.44% premium to its liquidation preference amount, vers...