Chesapeake Energy's Preferred Stock Crosses Above 3% Yield Territory
May 21, 2020 at 14:06 PM EDT
In trading on Thursday, shares of Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock (CHK. RD) were yielding above the 3% mark based on its quarterly dividend (annualized to $4.50), with shares changing hands as low as $2.75 on the day.