Huntington Bancshares Series A Preferred Stock Yield Pushes Past 6%
January 27, 2015 at 14:53 PM EST
In trading on Tuesday, shares of Huntington Bancshares, Inc's 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock (HBANP) were yielding above the 6% mark based on its quarterly dividend (annualized to $85.00), with shares changing hands as low as $1360.00 on the day. This compares to an average yield of 5.75% in the "Financial" preferred stock category, according to Preferred Stock Channel..