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Cit Group Inc Preferred Series C
22.88
-0.10 (-0.44%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 22.98
Day's Range: 22.84 - 23.35
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When Written:
21.52
CIT Group Inc. Preferred Series C is a type of preferred stock issued by CIT Group Inc., a financial holding company that provides commercial lending and leasing services to small and middle-market businesses. The Series C preferred stock has a par value of $25 and pays a fixed dividend rate of 5.625% per year. The dividends are paid quarterly and are non-cumulative, meaning that if a dividend is not paid in a particular quarter, it will not accrue and will not be paid in the future. The Series C preferred stock is listed on the New York Stock Exchange under the ticker symbol CIT.PC. It is rated BB- by Standard & Poor's and Ba3 by Moody's. As a preferred stock, it has priority over common stock in terms of dividend payments and liquidation proceeds.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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