DCP Midstream's Series B Preferred Units Yield Pushes Past 11%
October 26, 2020 at 14:19 PM EDT
In trading on Monday, shares of DCP Midstream LP's 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (DCP. RB) were yielding above the 11% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $17.65 on the day.
