CAI International's Series B Preferred Stock Crosses Above 8% Yield Territory
January 16, 2020 at 14:16 PM EST
In trading on Thursday, shares of CAI International Inc's 8.50% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (CAI. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.1248), with shares changing hands as low as $26.50 on the day.