CenterPoint Energy's Series B Preferred Stock Shares Cross 5.5% Yield Mark
June 23, 2020 at 14:05 PM EDT
In trading on Tuesday, shares of CenterPoint Energy, Inc's 7.00% Series B Mandatory Convertible Preferred Stock (CNP. RB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $3.50), with shares changing hands as low as $34.49 on the day.