MB Financial Perpetual Non-Cumulative Preferred Stock, Series A Yield Pushes Past 7.5%
August 07, 2015 at 14:09 PM EDT
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..