Power Financial's Preferred Series E Shares Cross 5.5% Yield Mark

In trading on Monday, shares of Power Financial Corp's Non-Cumulative First Preferred Shares, Series E (Toronto: PWF-PRF) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $23.86 on the day. As of last close, PWF.PRF was trading at