Regions Financial's Preferred Stock, Series B Shares Cross 6% Yield Mark
November 17, 2015 at 14:11 PM EST
In trading on Tuesday, shares of Regions Financial Corp's 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (RF. RB) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $26.51 on the day.