In trading on Tuesday, shares of Citigroup Capital VII 7.125% Capital Securities (NYSE: C.PRV) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $25.21 on the day. This compares to an average yield of 5.45% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, C.PRV was trading at a 2.76% premium to its liquidation preference amount, versus the average premium of 2.75% in th...
In trading on Tuesday, shares of Citigroup Capital VII 7.125% Capital Securities (NYSE: C.PRV) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $25.21 on the day. This compares to an average yield of 5.45% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, C.PRV was trading at a 2.76% premium to its liquidation preference amount, versus the average premium of 2.75% in th...
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