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American Capital Agency's Series A Preferred Stock Shares Cross 8% Yield Mark

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In trading on Monday, shares of American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (NASD: AGNCP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.62 on the day. This compares to an average yield of 7.11% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, AGNCP was trading at a 1.48% premium to its liquidation preference amount, versus the average premium of 1.64% in the "Real Estate" category.

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The chart below shows the one year performance of AGNCP shares, versus AGNC:

Below is a dividend history chart for AGNCP, showing historical dividend payments on American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock:


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In Monday trading, American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (NASD: AGNCP) is currently up about 0.4% on the day, while the common shares (NASD: AGNC) are off about 1.2%.