Synovus Financial's Preferred Stock, Series C Crosses Above 7.5% Yield Territory
March 13, 2018 at 14:06 PM EDT
In trading on Tuesday, shares of Synovus Financial Corp.'s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (SNV. RC) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $26.05 on the day.