Goldman Sachs Group Floating Rate Non-Cumulative Preferred Stock, Series C Shares Cross 4% Yield Mark

In trading on Monday, shares of Goldman Sachs Group Incorporated's Floating Rate Non-Cumulative Preferred Stock, Series C (NYSE: GS.PRC) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.9778), with shares changing hands as low as $24.27 on the day. This compares to an average yield of 4.96% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, GS.PRC was trading at a 1.04% discount to its liquidation preference amoun...