First Republic's Series D Preferred Stock Shares Cross 6% Yield Mark
November 07, 2014 at 14:05 PM EST
In trading on Friday, shares of First Republic Bank's 5.50% Noncumulative Perpetual Series D Preferred Stock (FRC. RD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $22.83 on the day.