First Republic Bank's Series F Preferred Stock Shares Cross 6% Yield Mark
September 16, 2015 at 14:14 PM EDT
In trading on Wednesday, shares of First Republic Bank's 5.70% Noncumulative Perpetual Series F Preferred Stock (FRC. RF) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.425), with shares changing hands as low as $23.75 on the day.