Chesapeake Energy's Preferred Stock Crosses Above 6% Yield Territory
November 22, 2019 at 14:15 PM EST
In trading on Friday, shares of Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock (CHK. RD) were yielding above the 6% mark based on its quarterly dividend (annualized to $4.50), with shares changing hands as low as $19.51 on the day.