In trading on Tuesday, shares of First Republic Bank's 5.50% Noncumulative Perpetual Series D Preferred Stock (NYSE: FRC.PRD) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $24.90 on the day. This compares to an average yield of
In trading on Tuesday, shares of First Republic Bank's 5.50% Noncumulative Perpetual Series D Preferred Stock (NYSE: FRC.PRD) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $24.90 on the day. This compares to an average yield of
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