Aspen Insurance Holdings Perpetual Non-Cumulative Preference Shares Cross 7% Yield Mark

In trading on Wednesday, shares of Aspen Insurance Holdings Ltd's 7.401% Perpetual Non-Cumulative Preference Shares (NYSE: AHL.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8502), with shares changing hands as low as $26.36 on the day. This compares to an average yield of 5.11% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, AHL.PRA was trading at a 8.80% premium to its liquidation preference amount, ve...