Citigroup's Preferred Stock, Series K Yield Pushes Past 6%
March 01, 2017 at 14:09 PM EST
In trading on Wednesday, shares of Citigroup Inc's 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K (C. RK) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $28.63 on the day.