Capital One Financial Corp's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B Shares Cross 6% Yield Mark

In trading on Monday, shares of Capital One Financial Corp's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (NYSE: COF.PRP) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.95 on the day. This compares to an average yield of 4.96% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, COF.PRP was trading at a 1.48% premium to its liquidation preference amoun...