Citigroup's Preferred Securities Shares Cross 9% Yield Mark
February 24, 2025 at 15:02 PM EST
In trading on Monday, shares of Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C. RN) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.7296), with shares changing hands as low as $30.28 on the day.
