First Republic Bank's Series E Preferred Stock Shares Cross 6.5% Yield Mark
October 20, 2014 at 14:39 PM EDT
In trading on Monday, shares of First Republic Bank's 7.00% Noncumulative Perpetual Series E Preferred Stock (FRC. RE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $26.66 on the day.
