MB Financial Perpetual Non-Cumulative Preferred Stock, Series A Yield Pushes Past 7.5%

In trading on Friday, shares of MB Financial Inc's Perpetual Non-Cumulative Preferred Stock, Series A (MBFIP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.65 on the day. This compares to an average yield of 5.79% in the "Financial" preferred stock category, according to Preferred Stock Channel..
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