New York Community Bancorp's Series A Preferred Stock Shares Cross 5.5% Yield Mark
October 15, 2019 at 14:52 PM EDT
In trading on Tuesday, shares of New York Community Bancorp Inc.'s 6.375% Share of Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock (NYCB. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5936), with shares changing hands as low as $28.79 on the day.