US Bancorp's Preferred Stock, A Shares Cross 7.5% Yield Mark

In trading on Friday, shares of US Bancorp's Fixed/Floating Dep Shares Non-Cumul Perp Preferred Stock, A (USB. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $66.6888), with shares changing hands as low as $884.00 on the day.