Discover Financial Services's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B Crosses Above 6.5% Yield Territory

In trading on Thursday, shares of Discover Financial Services's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (DFS. RB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $24.89 on the day.
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