DCP Midstream's Series C Preferred Shares Cross 8% Yield Mark
June 02, 2021 at 15:29 PM EDT
In trading on Wednesday, 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 8% mark based on its quarterly dividend (annualized to $1.9876), with shares changing hands as low as $24.71 on the day.
