Banco Santander's Series 6 Preferred Shares Cross 5.5% Yield Mark

In trading on Tuesday, shares of Banco Santander SA's Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities (SAN. RB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.00), with shares changing hands as low as $17.17 on the day.