Kinder Morgan's Series A Preferred Stock Shares Cross 11% Yield Mark
July 24, 2017 at 14:07 PM EDT
In trading on Monday, shares of Kinder Morgan Inc.'s 9.75% Series A Mandatory Convertible Preferred Stock (KMI. RA) were yielding above the 11% mark based on its quarterly dividend (annualized to $4.875), with shares changing hands as low as $43.75 on the day.