SB Financial Group's Preferred Series A Shares Cross 5% Yield Mark
October 21, 2016 at 14:06 PM EDT
In trading on Friday, shares of SB Financial Group Inc's 6.50% Noncumulative Convertible Perpetual Preferred Share, Series A (SBFGP) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.65), with shares changing hands as low as $12.16 on the day. This compares to an average yield of 5.42% in the "Financial" preferred stock category, according to Preferred Stock Channel..