HSBC Holdings' Preferred Stock, Series B Shares Cross 6.5% Yield Mark
February 09, 2016 at 14:07 PM EST
In trading on Tuesday, shares of HSBC Holdings plc's 6.36% Non-Cumulative Preferred Stock, Series B (HSFC. RB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.59), with shares changing hands as low as $24.31 on the day.