Royal Bank of Scotland Group's Preference Shares, Series T Crosses Above 7.5% Yield Territory

In trading on Monday, shares of Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series T (RBS. RT) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $22.44 on the day.