Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock Shares Cross 10.5% Yield Mark
August 23, 2019 at 14:06 PM EDT
In trading on Friday, shares of Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock (CHK. RD) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $4.50), with shares changing hands as low as $41.00 on the day.