Royal Bank of Scotland Group Non-cumulative Guaranteed Trust Preferred Securities Shares Cross 7% Yield Mark

In trading on Tuesday, shares of Royal Bank of Scotland Group plc's 6.25% Non-cumulative Guaranteed Trust Preferred Securities (NYSE: RBS.PRI) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $22.32 on the day. This compares to an average yield of 6.23% in the "Banking & Savings" preferred stock category, according to Preferred Stock Channel. As of last close, RBS.PRI was trading at a 8.72% discount to its liquidation p...