Royal Bank of Scotland's Preference Shares, Series T Crosses Above 7% Yield Territory
August 24, 2016 at 14:08 PM EDT
In trading on Wednesday, shares of Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series T (RBS. RT) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $25.88 on the day.