In trading on Monday, shares of Citigroup Inc's 6.875% Noncumulative Preferred Stock, Series L (Symbol: C.PRL) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $26.32 on the day. This compares to an average yield of 5.81% in the "Financial" preferred stock category, according to Preferred Stock Channel . As of last close, C.PRL was trading at a 6.84% premium to its liquidation preference amount, versus the average premium of 1.96% in the "Financial" category.
The chart below shows the one year performance of C.PRL shares, versus C:
Below is a dividend history chart for C.PRL, showing historical dividend payments on Citigroup Inc's 6.875% Noncumulative Preferred Stock, Series L :
In Monday trading, Citigroup Inc's 6.875% Noncumulative Preferred Stock, Series L (Symbol: C.PRL) is currently off about 1.5% on the day, while the common shares (Symbol: C) are off about 0.5%.
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