Cincinnati Bell's Preferred Stock Crosses Above 9.5% Yield Territory
December 12, 2019 at 14:13 PM EST
In trading on Thursday, shares of Cincinnati Bell Inc's 6 3/4% Cumulative Convertible Preferred Stock (CBB. RB) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $3.3752), with shares changing hands as low as $35.34 on the day.