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In trading on Tuesday, shares of Voya Financial Inc's 5.35% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (Symbol: VOYA.PRB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3375), with shares changing hands as low as $24.31 on the day. This compares to an average yield of 6.75% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, VOYA.PRB was trading at a 2.16% discount to its liquidation preference amount, versus the average discount of 10.22% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.

The chart below shows the one year performance of VOYA.PRB shares, versus VOYA:

Below is a dividend history chart for VOYA.PRB, showing historical dividend payments on Voya Financial Inc's 5.35% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B:

In Tuesday trading, Voya Financial Inc's 5.35% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (Symbol: VOYA.PRB) is currently off about 0.2% on the day, while the common shares (Symbol: VOYA) are off about 0.4%.

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