CYS Investments' Series A Preferred Stock Shares Cross 8% Yield Mark

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In trading on Tuesday, shares of CYS Investments, Inc.'s 7.75% Series A Cumulative Redeemable Preferred Stock (Symbol: CYS.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $24.18 on the day. This compares to an average yield of 7.25% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, CYS.PRA was trading at a 3.00% discount to its liquidation preference amount, versus the average discount of 0.78% in the "Real Estate" category.

Performance Comparison Chart


Below is a dividend history chart for CYS.PRA, showing historical dividend payments on CYS Investments, Inc.'s 7.75% Series A Cumulative Redeemable Preferred Stock :

CYS.PRA+Dividend+History+Chart

In Tuesday trading, CYS Investments, Inc.'s 7.75% Series A Cumulative Redeemable Preferred Stock (Symbol: CYS.PRA) is currently up about 0.2% on the day, while the common shares (Symbol: CYS) are off about 0.5%.

Click here to find out the 50 highest yielding preferreds »



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: CYS.PRA , CYS

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