Wintrust Financial Corp's 6.875% Dep Shares Rate Reset Non Cumul Prfd Stock Ser E Yield Pushes Past 7%

In trading on Monday, shares of Wintrust Financial Corp's 6.875% Dep Shares Rate Reset Non Cumul Prfd Stock Ser E (WTFCP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $24.55 on the day. This compares to an average yield of 6.63% in the "Financial" preferred stock category, according to Preferred Stock Channel..