BB&T Corp.'s Series G Non-Cumulative Perpetual Preferred Stock Shares Cross 6% Yield Mark

In trading on Wednesday, shares of BB&T Corp.'s Series G Non-Cumulative Perpetual Preferred Stock (NYSE: BBT.PRG) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.30), with shares changing hands as low as $21.41 on the day. This compares to an average yield of 5.32% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, BBT.PRG was trading at a 10.40% discount to its liquidation preference amount, versus the average d...