Heartland Financial USA Preferred Stock Series E Shares Cross 7% Yield Mark

In trading on Tuesday, shares of Heartland Financial USA, Inc.'s Dep Share Rate Reset Non-Cumul Prfd Stock Ser E (HTLFP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $25.00 on the day. This compares to an average yield of 6.69% in the "Financial" preferred stock category, according to Preferred Stock Channel..