Customers Bancorp's Preferred Stock, Series E Shares Cross 6.5% Yield Mark
December 13, 2018 at 14:59 PM EST
In trading on Thursday, shares of Customers Bancorp Inc's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (CUBI. RE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6125), with shares changing hands as low as $24.79 on the day.