Coupon
Definition
The annual interest or dividend rate, stated as a percentage of par value. A 6.5% coupon on a $25 issue pays $1.625 a share each year.
On a live record
C-N (Citigroup Capital XIII) pays a 10.707% coupon, set when it was issued and unchanged since. Open the C-N record.
Written from the public record at the last refresh. Prices are 15 minutes delayed.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.