Customers Bancorp's Preferred Stock, Series C Shares Cross 5.5% Yield Mark

In trading on Tuesday, shares of Customers Bancorp Inc's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (CUBI. RC) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3791), with shares changing hands as low as $25.06 on the day.
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