Shares of Aspen Insurance Holdings Limited Class A Ordinary’s 5.625% Perpetual Non-Cumulative Preference Shares (AHL.PRE) were yielding above 7% on Monday, with a quarterly dividend of $1.4062. The shares traded as low as $20.08, at a 19.20% discount to its liquidation preference amount. These shares are not cumulative, meaning missed payments do not need to be made up. In trading, AHL.PRE was down 0.6% for the day, while common shares (AHL) were down 2.4%. Investors should take note of these figures when considering investments in preferred stocks.

Read more at Nasdaq, Inc.: Aspen Insurance Holdings’ Preference Shares Cross 7% Yield Mark