New York Group Bancorp’s Floating Preferreds Pay Out A 7.4% Yield

Queensboro Bridge and Midtown Manhattan

cmart7327/E+ by way of Getty Photos

New York Group Bancorp (NYSE:NYCB) has come out as an anticipated winner of the March 2023 banking panic. The widespread shares of the Lengthy Island-based regional financial institution are up 21% year-to-date, outperforming its friends and in addition forward$0.17 per shareacquisition

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