PNC Financial Services Preferred Stock, Series P Shares Cross 5.5% Yield Mark
January 05, 2015 at 14:23 PM EST
In trading on Monday, shares of PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (PNC. RP) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5312), with shares changing hands as low as $27.80 on the day.