In trading on Friday, shares of Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (NYSE:C.PRN) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $28.11 on the day. This compares to an average yield of 5.23% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, C.PRN was trading at a 13.28% premium to its liquidation preference amount, versus the average premium of 2.79% in the "Financial" category.
The chart below shows the one year performance of C.PRN shares, versus C:
Below is a dividend history chart for C.PRN, showing historical dividend payments on Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities:
This Article's Word Cloud:BelowCitigroupDaysDollarsFinancialFixedFloatingFridayNYSEPreferredRateSecuritiesSevenTrustYieldsaboutaverageaxisColorbottomLabelsbottomTableHeightcategorychartcurrentlydividenddocumentescapefillColorgridColorgridLocationhandshistoricalhistoryincomeleftLabelsEverylineColorsmarkmovingAverageColorspaymentspreferencepremiumsharesshowPrevCloseshowingslideshowspecialtradingversuswhilewithyear
Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel
from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you
agree to the following Full Disclaimer & Terms of Service. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20
minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.