Regions Financial's Preferred Stock, Series B Shares Cross 5.5% Yield Mark
July 19, 2016 at 14:09 PM EDT
In trading on Tuesday, shares of Regions Financial Corp's 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (RF. RB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $28.96 on the day.