First Citizens BancShares Inc. 5.625% Non-Cumulative Perpetual Preferred Stock Series C

First Citizens BancShares Inc. 5.625% Non-Cumulative Perpetual Preferred Stock Series C is a preferred stock offered by First Citizens BancShares. It has a fixed dividend rate of 5.625% and is non-cumulative, meaning missed dividends do not accumulate. This preferred stock is perpetual and has no maturity date. Overall, it provides a reliable income stream for investors.