First Niagara Financial Group's Preferred Stock, Series B Shares Cross 8% Yield Mark

In trading on Friday, shares of First Niagara Financial Group, Inc.'s Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series B (FNFG. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.1563), with shares changing hands as low as $26.93 on the day.