Synovus Financial's Preferred Stock, Series D Crosses Above 6% Yield Territory
February 27, 2020 at 14:33 PM EST
In trading on Thursday, shares of Synovus Financial Corp's 6.300% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (SNV. RD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.575), with shares changing hands as low as $26.15 on the day.