Customers Bancorp's Preferred Stock, Series D Crosses Above 7.5% Yield Territory

In trading on Thursday, shares of Customers Bancorp Inc's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (CUBI. RD) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $21.49 on the day.