Cincinnati Bell's Preferred Stock Crosses Above 7% Yield Territory
September 11, 2015 at 14:13 PM EDT
In trading on Friday, shares of Cincinnati Bell Inc's 6 3/4% Cumulative Convertible Preferred Stock (CBB. RB) were yielding above the 7% mark based on its quarterly dividend (annualized to $3.375), with shares changing hands as low as $47.59 on the day.