Huntington Bancshares' Series A Preferred Stock Shares Cross 6% Yield Mark

In trading on Monday, shares of Huntington Bancshares Inc's 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock (HBANP) were yielding above the 6% mark based on its quarterly dividend (annualized to $85.00), with shares changing hands as low as $1395.00 on the day. This compares to an average yield of 5.63% in the "Financial" preferred stock category, according to Preferred Stock Channel..