SunTrust Banks' Preferred Stock, Series E Shares Cross 5.5% Yield Mark
September 23, 2016 at 14:49 PM EDT
In trading on Friday, shares of SunTrust Banks, Inc.'s 5.875% Perpetual Preferred Stock, Series E (STI. RE) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $26.56 on the day.