Customers Bancorp's Preferred Stock, Series C Shares Cross 6% Yield Mark
September 01, 2020 at 14:10 PM EDT
In trading on Tuesday, shares of Customers Bancorp Inc's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (CUBI. RC) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4311), with shares changing hands as low as $23.11 on the day.
