Synchrony Financial's Preferred Stock, Series A Yield Pushes Past 5.5%
January 27, 2022 at 14:18 PM EST
In trading on Thursday, shares of Synchrony Financial's 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (SYF. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4063), with shares changing hands as low as $25.32 on the day.