Citizens Financial Group Inc’s Dep Shares 7.375% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series H (CFG.PRH) saw shares yielding above 7% on Thursday, with a quarterly dividend of $1.8438. The stock traded as low as $26.24, offering a 5.84% premium to its liquidation preference amount. Keep in mind, these shares are not cumulative. In trading, CFG.PRH was down 0.2%, while common shares (CFG) were down 0.5%. For more information on high-yielding preferred stocks, visit Preferred Stock Channel.

Read more at Nasdaq: Citizens Financial Group’s Preferred Stock, Series H Shares Cross 7% Yield Mark