First Citizens BancShares Dep Shares Non-Cumul Prfd Stock Series A Shares Cross 6% Yield Mark

In trading on Thursday, shares of First Citizens BancShares Inc's 5.375% Dep Shares Non-Cumul Prfd Stock Series A (FCNCP) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.3438), with shares changing hands as low as $22.31 on the day. This compares to an average yield of 7.31% in the "Financial" preferred stock category, according to Preferred Stock Channel..