Customers Bancorp's Preferred Stock, Series C Shares Cross 7% Yield Mark

In trading on Thursday, shares of Customers Bancorp Inc's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (CUBI. RC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $24.90 on the day.