CAI International's Series A Preferred Stock Crosses Above 8% Yield Territory
December 23, 2019 at 14:06 PM EST
In trading on Monday, shares of CAI International Inc's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (CAI. RA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.1248), with shares changing hands as low as $26.51 on the day.