New York Community Bancorp's Series A Preferred Stock Yield Pushes Past 9%
May 21, 2024 at 15:54 PM EDT
In trading on Tuesday, 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 9% mark based on its quarterly dividend (annualized to $1.5936), with shares changing hands as low as $17.70 on the day.