First Republic Bank's Series C Preferred Stock Shares Cross 6% Yield Mark
September 03, 2014 at 14:21 PM EDT
In trading on Wednesday, shares of First Republic Bank's 5.625% Noncumulative Perpetual Series C Preferred Stock (FRC. RC) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4062), with shares changing hands as low as $23.41 on the day.