Preferred Stock Channel
Quotes delayed 20 minutes
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Socially Responsible Preferred Stocks

By Preferred Stock Channel Staff, updated Tuesday, January 21, 2:43 AM

#2. CIT Group Inc (New) | 5.625% Non-Cumulative Perpetual Preferred Stock, Series B (NYSE:CIT.PRB)

Premium to Liquidation Preference: 4.60%Average Premium in Category: 7.15%
Current Annualized Yield: NAAverage Yield in Category: 5.03%
Days Since Last Ex-Div Date: NA | See Dividend History »Categorization: Financial

Alternate symbology:CIT-B, CIT-PB, CITprB
Call Date:12/15/2024
Shares Offered:8,000,000
Liquidation Preference:$25
Recent Market Price:$26.15
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$1.15 (4.60%)
Original Coupon:5.63%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
CIT Group is a bank and a financial holding company. Through its subsidiaries, Co. provides financing, leasing and advisory services to middle-market companies and small businesses in a range of industries in North America. Co. also provides banking and related services to commercial and individual customers through its banking subsidiary. Co. has three operating segments: Commercial Banking, which include Commercial Finance, Rail, Real Estate Finance, and Business Capital; Consumer Banking, which includes Retail Banking, Consumer Lending, and Small Business Administration Lending; and Non-Strategic Portfolios, which includes businesses and portfolios that Co. no longer consider strategic.

Preferred: CIT.PRB

Open the CIT Information Page »
Name:  CIT Group Inc (New)
Sector:  Banking & Savings
Number of ETFs Holding CIT:  62 (see which ones)
Total Market Value Held by ETFs:  $541,419,303
Total Market Capitalization:  $4,377,000,000
% of Market Cap. Held by ETFs:  12.37%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Socially Responsible Preferred Stocks - Slide 2 of 47 | | Copyright © 2011 - 2020, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.