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Goldman Sachs Group's Preferred Stock, Series D Crosses Above 6.5% Yield Territory

Source: Nasdaq

Interest Rates & YieldsCredit & Bond Markets

On Monday, Goldman Sachs Series D floating-rate non-cumulative preferred shares (GS.PRD) traded as low as $18.25. At that price, the quarterly dividend, annualized to $1.1982, implied a yield above 6.5%.

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