Citizens Financial Group's Preferred Stock, Series D Crosses Above 5.5% Yield Territory
September 13, 2021 at 14:56 PM EDT
In trading on Monday, shares of Citizens Financial Group Inc's 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (CFG. RD) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5875), with shares changing hands as low as $28.70 on the day.