American Equity Investment Life Holding's Preferred Stock, Series A Shares Cross 5.5% Yield Mark
April 22, 2021 at 14:27 PM EDT
In trading on Thursday, shares of American Equity Investment Life Holding Co's 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (AEL. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4875), with shares changing hands as low as $27.01 on the day.