CenterPoint Energy's Series B Preferred Stock Crosses Above 9% Yield Territory
December 22, 2020 at 14:52 PM EST
In trading on Tuesday, shares of CenterPoint Energy, Inc's 7.00% Series B Mandatory Convertible Preferred Stock (CNP. RB) were yielding above the 9% mark based on its quarterly dividend (annualized to $3.50), with shares changing hands as low as $38.88 on the day.