Royal Bank of Scotland Group's Preferred Securities Shares Cross 6.5% Yield Mark
August 26, 2014 at 14:09 PM EDT
In trading on Tuesday, shares of Royal Bank of Scotland Group plc's 6.25% Non-cumulative Guaranteed Trust Preferred Securities (RBS. RI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $24.03 on the day.