Cullen/Frost Bankers' Preferred Stock Series B Yield Pushes Past 6.5%
In trading on Monday, shares of Cullen/Frost Bankers, Inc.'s 4.45% Dep Shares Non-Cumulative Prfd Stock Series B (Symbol: CFR.PRB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.1125), with shares changing hands as low as $16.89 on the day.
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