Callon Petroleum's Series A Preferred Stock Crosses Above 10.5% Yield Territory
July 17, 2015 at 14:29 PM EDT
In trading on Friday, shares of Callon Petroleum Co.'s 10.0% Series A Cumulative Preferred Stock (CPE. RA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $5.00), with shares changing hands as low as $47.50 on the day.