Kinder Morgan's Series A Preferred Stock Shares Cross 10.5% Yield Mark

In trading on Thursday, shares of Kinder Morgan Inc.'s 9.75% Series A Mandatory Convertible Preferred Stock (KMI. RA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $4.875), with shares changing hands as low as $46.20 on the day.