PNC Financial Services Group's Preferred Stock, Series P Yield Pushes Past 5.5%
January 16, 2018 at 14:07 PM EST
In trading on Tuesday, shares of PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (PNC. RP) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5312), with shares changing hands as low as $27.65 on the day.