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Ex-Div Reminder for AmTrust Financial Services Non-Cumulative Preferred Stock, Series B

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On 8/30/16, AmTrust Financial Services Inc's 7.25% Non-Cumulative Preferred Stock, Series B (Symbol: AFSI.PRB) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 9/15/16. As a percentage of AFSI.PRB's recent share price of $26.37, this dividend works out to approximately 1.72%, so look for shares of AFSI.PRB to trade 1.72% lower - all else being equal - when AFSI.PRB shares open for trading on 8/30/16. On an annualized basis, the current yield is approximately 6.88%, which compares to an average yield of 5.35% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of AFSI.PRB shares, versus AFSI:

Performance Comparison Chart

Below is a dividend history chart for AFSI.PRB, showing historical dividends prior to the most recent $0.4531 on AmTrust Financial Services Inc's 7.25% Non-Cumulative Preferred Stock, Series B:

AFSI.PRB+Dividend+History+Chart

According to the ETF Finder at ETF Channel, AmTrust Financial Services Inc (Symbol: AFSI) makes up 1.85% of the SPDR S&P Insurance ETF ( KIE ) which is trading lower by about 0.1% on the day Friday.

In Friday trading, AmTrust Financial Services Inc's 7.25% Non-Cumulative Preferred Stock, Series B (Symbol: AFSI.PRB) is currently trading flat on the day, while the common shares (Symbol: AFSI) are off about 0.5%.

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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