Cullen/Frost Bankers' Preferred Stock, Series A Crosses Above 5.5% Yield Territory
November 11, 2016 at 14:09 PM EST
In trading on Friday, shares of Cullen/Frost Bankers, Inc.'s 5.375% Non-Cumulative Perpetual Preferred Stock, Series A (CFR. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3438), with shares changing hands as low as $24.24 on the day.