Truist Financial's Series R Preferred Stock Shares Cross 5.5% Yield Mark

In trading on Thursday, shares of Truist Financial Corp's 4.75% Dep Shares Series R Non-Cumulative Preferred Stock (TFC. RR) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $21.54 on the day.