Hess' Series A Preferred Stock Crosses Above 5.5% Yield Territory
October 15, 2018 at 14:16 PM EDT
In trading on Monday, shares of Hess Corp's Series A Mandatory Convertible Preferred Stock (HES. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $4.00), with shares changing hands as low as $72.15 on the day.