Chesapeake Energy's Preferred Stock Shares Cross 9% Yield Mark
March 20, 2018 at 14:10 PM EDT
In trading on Tuesday, shares of Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock (CHK. RD) were yielding above the 9% mark based on its quarterly dividend (annualized to $4.50), with shares changing hands as low as $49.95 on the day.