US Bancorp's Series K Preferred Stock Yield Pushes Past 5%
January 06, 2021 at 14:12 PM EST
In trading on Wednesday, shares of US Bancorp's Series K Non-Cumulative Perpetual Preferred Stock (USB. RP) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $27.40 on the day.