Synovus Financial's Preferred Stock, Series C Shares Cross 7% Yield Mark
July 13, 2015 at 14:11 PM EDT
In trading on Monday, shares of Synovus Financial Corp.'s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (SNV. RC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $27.72 on the day.