First Republic Bank's Series F Preferred Stock Yield Pushes Past 5.5%
April 19, 2016 at 14:11 PM EDT
In trading on Tuesday, shares of First Republic Bank's 5.70% Noncumulative Perpetual Series F Preferred Stock (FRC. RF) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.425), with shares changing hands as low as $25.87 on the day.