Banco Santander's Series 6 Preferred Securities Yield Pushes Past 5%
July 18, 2014 at 14:17 PM EDT
In trading on Friday, shares of Banco Santander SA's Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities (SAN. RB) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.04), with shares changing hands as low as $20.65 on the day.