MB Financial's Preferred Stock, Series A Shares Cross 7.5% Yield Mark
December 16, 2015 at 14:17 PM EST
In trading on Wednesday, 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 $26.62 on the day. This compares to an average yield of 5.87% in the "Financial" preferred stock category, according to Preferred Stock Channel..