WesBanco's Preferred Stock Series A Yield Pushes Past 7%
April 16, 2024 at 14:19 PM EDT
In trading on Tuesday, shares of WesBanco Inc's Rate Reset Non-Cumulative Preferred Stock Series A (WSBCP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $23.88 on the day. This compares to an average yield of 6.86% in the "Financial" preferred stock category, according to Preferred Stock Channel..
