Argo Group International Holdings Ltd (ARGO)
Market Closed
15 Nov, 20:00
NYSE NYSE Primary $
29. 99
-0.01
-0.0333%
$
1.06B Market Cap
- P/E Ratio
1.75% Div Yield
277,011 Volume
- Eps
$ 30
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Argo Group Preferred 'A' Stock Poised For Very Big Returns
Argo Group International is an investment grade insurance company that was purchased by Brookfield Reinsurance not too long ago. At current interest rates, if ARGO-A is not called on 9/15/2025, its yield will reset to a whopping "qualified" 11.58%. This “qualified dividend” paying preferred stock has a yield-to-call of 8.48%, far better than the yields on other preferred stocks of the same credit rating.
Seekingalpha | 2 years ago
