Citigroup's Preferred Securities Shares Cross 7.5% Yield Mark
April 27, 2015 at 14:10 PM EDT
In trading on Monday, shares of Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C. RN) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $25.95 on the day.