Canadian Utilities' Preferred Shares, Series BB, Cross 5% Yield Mark

In trading on Tuesday, shares of Canadian Utilities Limited's Cumulative Redeemable Second Preferred Shares Series BB (TSX: CU-PRE.TO) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.225), with shares changing hands as low as $24.34 on the day. As of last close, CU.PRE was trading at a 1.32% discount to its liquidation preference amount.

The chart below shows the one year performance of CU.PRE shares, versus CU:

Performance Comparison Chart

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Below is a dividend history chart for CU.PRE, showing historical dividend payments on Canadian Utilities Limited's Cumulative Redeemable Second Preferred Shares Series BB:

CU.PRE+Dividend+History+Chart

In Tuesday trading, Canadian Utilities Limited's Cumulative Redeemable Second Preferred Shares Series BB (TSX: CU-PRE.TO) is currently off about 1.3% on the day, while the common shares (TSX: CU.TO) are trading flat.

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