First Republic's Series C Preferred Stock Yield Pushes Past 5.5%
April 21, 2016 at 14:13 PM EDT
In trading on Thursday, shares of First Republic Bank's 5.625% Noncumulative Perpetual Series C Preferred Stock (FRC. RC) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4062), with shares changing hands as low as $25.51 on the day.