FNB's Preferred Stock, Series E Yield Pushes Past 7%

In trading on Wednesday, shares of FNB Corp's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (FNB. RE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.813), with shares changing hands as low as $25.52 on the day.