DCP Midstream's Series C Preferred Units Yield Pushes Past 9%
January 15, 2021 at 14:11 PM EST
In trading on Friday, 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 $21.99 on the day.