DCP Midstream's Series C Preferred Shares Cross 9% Yield Mark
April 07, 2020 at 14:04 PM EDT
In trading on Tuesday, shares of DCP Midstream LP's 7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (DCP. RC) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.9876), with shares changing hands as low as $9.26 on the day.