Synovus Financial's Preferred Stock, Series E Shares Cross 5.5% Yield Mark
November 05, 2020 at 14:56 PM EST
In trading on Thursday, shares of Synovus Financial Corp's 5.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E (SNV. RE) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $26.64 on the day.