U.S. Bancorp's Series B Non-Cumulative Perpetual Preferred Stock Yield Pushes Past 4%

In trading on Monday, shares of US Bancorp's Series B Non-Cumulative Perpetual Preferred Stock (USB. RH) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.875), with shares changing hands as low as $21.81 on the day..