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September 01, 2020 1:28pm
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American Equity Investment Life Holding's Preferred Stock, Series A Shares Cross 5.5% Yield Mark

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.
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