Chronicle Journal: Finance

FNB's Preferred Stock, Series E Yield Pushes Past 6.5%

In trading on Tuesday, shares of FNB Corp's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (FNB. RE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.813), with shares changing hands as low as $27.50 on the day.
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