CYS Investments' Series B Preferred Stock Shares Cross 8.5% Yield Mark
March 21, 2016 at 14:07 PM EDT
In trading on Monday, shares of CYS Investments, Inc.'s 7.50% Series B Cumulative Redeemable Preferred Stock (CYS. RB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $22.04 on the day.