Goldman Sachs Group's Preferred Stock, Series A Shares Cross 6% Yield Mark

Goldman’s GS.PRA preferred stock traded with an annualized dividend yield above 6%, based on an annualized dividend of $1.1629, and shares were seen as low as $19.30 during Wednesday trading. The report is primarily a market-yield/price update rather than a change in company fundamentals or guidance.

Analysis

Goldman’s GS.PRA preferred stock traded with an annualized dividend yield above 6%, based on an annualized dividend of $1.1629, and shares were seen as low as $19.30 during Wednesday trading. The report is primarily a market-yield/price update rather than a change in company fundamentals or guidance.