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September 01, 2020 1:25pm
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Heartland Financial USA Preferred Stock Series E Shares Cross 7% Yield Mark

In trading on Tuesday, shares of Heartland Financial USA, Inc.'s Dep Share Rate Reset Non-Cumul Prfd Stock Ser E (HTLFP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $25.00 on the day. This compares to an average yield of 6.69% in the "Financial" preferred stock category, according to Preferred Stock Channel..
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