SB Financial Group's Preferred Series A Shares Cross 3.5% Yield Mark
May 24, 2018 at 14:08 PM EDT
In trading on Thursday, shares of SB Financial Group Inc's 6.50% Noncumulative Convertible Perpetual Preferred Share, Series A (SBFGP) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.65), with shares changing hands as low as $18.55 on the day. This compares to an average yield of 5.41% in the "Financial" preferred stock category, according to Preferred Stock Channel..