Goldman Sachs Group’s Preferred Stock, Series K Shares Cross 5.5% Yield Mark

Goldman Sachs Group’s Preferred Stock, Series K Shares Cross 5.5% Yield Mark

In trading on Tuesday, shares of Goldman Sachs Group Inc (the's 6.375% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K (Symbol: GS.PRK) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low a