AmTrust Financial Services' Preferred Stock, Series A Crosses Above 6.5% Yield Territory

In trading on Monday, shares of AmTrust Financial Services Inc's 6.75% Non-Cumulative Preferred Stock, Series A (NYSE: AFSI.PRA) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $25.91 on the day. This compares to an average yield of 5.35% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, AFSI.PRA was trading at a 4.00% premium to its liquidation preference amount, ve...