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Flagstar Bank's Series A Preferred Stock Crosses Above 7% Yield Territory

In trading on Friday, shares of Flagstar Bank, National Association's 6.375% Share of Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock (Symbol: FLG.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.5936), with shares c

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