American Capital Agency's Series A Preferred Stock Yield Pushes Past 7.5%

In trading on Tuesday, shares of American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (NASD: AGNCP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.41 on the day. This compares to an average yield of 6.77% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, AGNCP was trading at a 7.20% premium to its liquidation preference amount, ve...