American Capital Agency Series A Cumulative Redeemable Preferred Stock Crosses Above 8% Yield Territory

In trading on Friday, shares of American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (NASD: AGNCP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.95 on the day. This compares to an average yield of 6.58% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, AGNCP was trading at a 1.04% premium to its liquidation preference amount, versu...