Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock Crosses Above 8% Yield Territory
July 02, 2018 at 14:10 PM EDT
In trading on Monday, shares of Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock (CHK. RD) were yielding above the 8% mark based on its quarterly dividend (annualized to $4.50), with shares changing hands as low as $54.77 on the day.
