New York Community Bancorp's Series A Preferred Stock Crosses Above 5.5% Yield Territory
January 27, 2022 at 14:17 PM EST
In trading on Thursday, shares of New York Community Bancorp Inc.'s 6.375% Share of Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock (NYCB. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5936), with shares changing hands as low as $28.95 on the day.