CenterPoint Energy's Series B Preferred Stock Crosses Above 5% Yield Territory
September 21, 2020 at 14:49 PM EDT
In trading on Monday, shares of CenterPoint Energy, Inc's 7.00% Series B Mandatory Convertible Preferred Stock (CNP. RB) were yielding above the 5% mark based on its quarterly dividend (annualized to $3.50), with shares changing hands as low as $35.80 on the day.