Truist Financial's Series O Preferred Shares Cross 5.5% Yield Mark

In trading on Thursday, shares of Truist Financial Corp's 5.25% Dep Shares Series O Non-Cumul Perpetual Prfd Stock (TFC. RO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $23.81 on the day.