Citigroup's Preferred Shares Cross 10% Yield Mark
October 23, 2024 at 14:14 PM EDT
In trading on Wednesday, shares of Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C. RN) were yielding above the 10% mark based on its quarterly dividend (annualized to $3.0378), with shares changing hands as low as $30.28 on the day.
