Citigroup's Preferred Stock, Series L Shares Cross 6.5% Yield Mark
May 28, 2015 at 14:07 PM EDT
In trading on Thursday, shares of Citigroup Inc's 6.875% Noncumulative Preferred Stock, Series L (C. RL) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $26.44 on the day.