CenterPoint Energy's Series B Preferred Stock Shares Cross 8.5% Yield Mark
March 22, 2021 at 15:52 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 8.5% mark based on its quarterly dividend (annualized to $3.50), with shares changing hands as low as $40.27 on the day.