First Republic Bank's Noncumulative Perpetual Series C Preferred Stock Shares Cross 5.5% Yield Mark

In trading on Thursday, shares of First Republic Bank's 5.625% Noncumulative Perpetual Series C Preferred Stock (FRC. RC) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4062), with shares changing hands as low as $25.36 on the day.
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