Shares of Aspen Insurance Holdings Limited’s Class A Ordinary 5.625% Perpetual Non-Cumulative Preference Shares (AHL.PRE) were yielding above 7% with a quarterly dividend of $1.4062. The shares traded as low as $19.90, currently at a 19.12% discount to liquidation preference. The shares are not cumulative, so missed payments don’t have to be made up to preferred shareholders. AHL.PRE is down 0.1% on Tuesday, while common shares (AHL) are up 0.1%. Check out the 50 highest yielding preferreds and other financial data on Preferred Stock Channel and other platforms.

Read more at Nasdaq MarketSite: Aspen Insurance Holdings’ Preference Shares Cross Above 7% Yield Territory