Banc of California's Preferred Stock, Series D Yield Pushes Past 7%
May 03, 2017 at 14:14 PM EDT
In trading on Wednesday, shares of Banc of California Inc's 7.375% Non-Cumulative Perpetual Preferred Stock, Series D (BANC. RD) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8438), with shares changing hands as low as $26.19 on the day.