Citigroup's Preferred Securities Yield Pushes Past 7.5%
September 10, 2019 at 16:17 PM EDT
In trading on Tuesday, shares of Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C. RN) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.2631), with shares changing hands as low as $27.45 on the day.