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Aspen Insurance Holdings Perpetual Non-Cumulative Preference Shares About To Put More Money In Your Pocket

On 9/11/15, Aspen Insurance Holdings Ltd's 7.250% Perpetual Non-Cumulative Preference Shares (Symbol: AHL.PRB) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 10/1/15. As a percentage of AHL.PRB's recent share price of $26.40, this dividend works out to approximately 1.72%, so look for shares of AHL.PRB to trade 1.72% lower - all else being equal - when AHL.PRB shares open for trading on 9/11/15. On an annualized basis, the current yield is approximately 6.86%, which compares to an average yield of 5.76% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of AHL.PRB shares, versus AHL:

Performance Comparison Chart

Below is a dividend history chart for AHL.PRB, showing historical dividends prior to the most recent $0.4531 on Aspen Insurance Holdings Ltd's 7.250% Perpetual Non-Cumulative Preference Shares :

AHL.PRB+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Aspen Insurance Holdings Ltd (Symbol: AHL) makes up 2.00% of the SPDR S&P Insurance ETF ( KIE ) which is trading relatively unchanged on the day Wednesday.

In Wednesday trading, Aspen Insurance Holdings Ltd's 7.250% Perpetual Non-Cumulative Preference Shares (Symbol: AHL.PRB) is currently down about 0.1% on the day, while the common shares (Symbol: AHL) are trading flat.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

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


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

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