Synchrony Financial's Preferred Stock, Series A Shares Cross 5.5% Yield Mark
October 16, 2020 at 14:06 PM EDT
In trading on Friday, shares of Synchrony Financial's 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (SYF. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4063), with shares changing hands as low as $25.50 on the day.
