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Arch Capital Group's Preferred Shares, Series E Crosses Above 5.5% Yield Territory

In trading on Monday, shares of Arch Capital Group Ltd's 5.25% Non-Cumulative Preferred Shares, Series E (ACGLP) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $23.36 on the day. This compares to an average yield of 6.04% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel..
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