First Busey's Series B Preferred Stock Shares Cross 8% Yield Mark

First Busey Corp's 8.25% Series B preferred stock (BUSEP) was yielding above 8% based on its quarterly dividend of $2.0625 annualized. The article is largely a yield-focused market note rather than a fundamental update, with the security trading at a low price relative to its dividend stream.

Analysis

First Busey Corp's 8.25% Series B preferred stock (BUSEP) was yielding above 8% based on its quarterly dividend of $2.0625 annualized. The article is largely a yield-focused market note rather than a fundamental update, with the security trading at a low price relative to its dividend stream.