Banc of California Non-Cumulative Perpetual Preferred Stock, Series C Crosses Above 7.5% Yield Territory

In trading on Thursday, shares of Banc of California, Inc.'s 8.00% Non-Cumulative Perpetual Preferred Stock, Series C (BANC. RC) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.42 on the day.