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Synovus Financial's Preferred Stock, Series D Crosses Above 6% Yield Territory

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.
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