Air Lease's Preferred Stock, Series A Shares Cross 6% Yield Mark
May 12, 2021 at 15:23 PM EDT
In trading on Wednesday, shares of Air Lease Corp's 6.150% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (AL. RA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5376), with shares changing hands as low as $25.60 on the day.