Air T's Preferred Securities Crosses Above 10.5% Yield Territory

Air T Inc's 8.00% Alpha Income Trust Preferred Securities (AIRTP) were yielding above 10.5% based on a quarterly dividend annualized to $2.00, with shares trading as low as $18.98. The note is essentially a yield-focused update rather than a material company event, highlighting the security's income profile and trading price.

Analysis

Air T Inc's 8.00% Alpha Income Trust Preferred Securities (AIRTP) were yielding above 10.5% based on a quarterly dividend annualized to $2.00, with shares trading as low as $18.98. The note is essentially a yield-focused update rather than a material company event, highlighting the security's income profile and trading price.