CenterPoint Energy's Series B Preferred Stock Crosses Above 4% Yield Territory
March 23, 2020 at 14:07 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 4% mark based on its quarterly dividend (annualized to $0.875), with shares changing hands as low as $21.62 on the day.