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

By
A A A

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

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

A Big Thrill
A Big Thrill                        
Living Your Life Fully
Living Your Life Fully              

Stocks

Referenced

Most Active by Volume

70,401,230
  • $16.01 ▲ 1.27%
46,075,525
  • $129.09 ▲ 0.49%
35,017,945
  • $30.19 ▲ 2.30%
33,674,558
  • $6.37 ▼ 3.92%
30,393,625
  • $7.85 ▼ 7.65%
30,221,728
  • $26.11 ▲ 0.46%
30,031,499
  • $24.65 ▼ 0.64%
29,718,910
  • $43.88 ▲ 0.07%
As of 3/2/2015, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com