Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Citigroup Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J Yield Pushes Past 6.5%
Wednesday, September 10, 2:08 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Citigroup Inc's 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, ...
Noteworthy ETF Outflows: PFF, HSBC, DB, C
Thursday, September 11, 11:38 AM ET, by Market News Video Staff
Symbols mentioned in this story: PFF, HSBC, DB, C Exchange traded funds (ETFs) trade just ...
C October 31st Options Begin Trading
Thursday, September 11, 11:44 AM ET, by Market News Video Staff
Investors in Citigroup Inc (C) saw new options begin trading today, for the October 31st ...
Which 13 Gurus All Hold Citigroup?
Thursday, September 11, 1:40 PM ET, by Market News Video Staff
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings ...
10.3% of FMK Holdings Seeing Recent Insider Buys
Monday, September 15, 9:44 AM ET, by Market News Video Staff
A look at the weighted underlying holdings of the First Trust Mega Cap AlphaDEX Fund ...
Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities Shares Cross 7% Yield Mark
By Preferred Stock Channel Staff, Friday, January 11, 2:34 PM ET
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:
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Friday trading, Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (NYSE:C.PRN) is currently down about 0.6% on the day, while the common shares (NYSE:C) are off about 1.8%.
This Article's Word Cloud: