AmeriServ Financial Beneficial Unsecured Securities, Series A Shares Cross 8% Yield Mark

In trading on Friday, shares of AmeriServ Financial Inc.'s 8.45% Beneficial Unsecured Securities, Series A (NASD: ASRVP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.1125), with shares changing hands as low as $26.00 on the day. This compares to an average yield of 5.39% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, ASRVP was trading at a 7.12% premium to its liquidation preference amount, versus the aver...