Aspen Insurance Holdings’ Preferred Shares Exceed 7% Yield Threshold

Avatar photo

“`html

On Monday, shares of Aspen Insurance Holdings Limited Class A Ordinary’s 5.625% Perpetual Non-Cumulative Preference Shares (Symbol: AHL.PRE) were yielding above 7%, with a quarterly dividend annualized at $1.4062. Shares were trading as low as $20.08, reflecting a 19.20% discount to their liquidation preference, compared to the average discount of 13.95% in the “Insurance Brokers” category.

During Monday’s trading, AHL.PRE declined approximately 0.6%, while the common shares (Symbol: AHL) fell by about 2.4%. The average yield in the “Insurance Brokers” preferred stock category stood at 8.08%.

“`

The free Daily Market Overview 250k traders and investors are reading

Read Now