First Niagara Financial's Preferred Stock, Series B Shares Cross 7.5% Yield Mark
August 01, 2014 at 14:19 PM EDT
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 7.5% mark based on its quarterly dividend (annualized to $2.1563), with shares changing hands as low as $28.12 on the day.