Discover Financial Services' Preferred Stock, Series B Yield Pushes Past 6.5%
February 08, 2016 at 14:18 PM EST
In trading on Monday, shares of Discover Financial Services's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (DFS. RB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $24.86 on the day.