On Tuesday, shares of Canadian Utilities Ltd’s Cumulative Redeemable Second Preferred Shares Series Y (TSX: CU-PRC.TO) yielded over 5.5%, trading as low as $23.35. The annualized dividend stands at $1.299, with CU.PRC shares currently at a 5.20% discount to their liquidation preference amount.
Additionally, on the same day, CU.PRC shares saw an uptick of approximately 1.5%, while common shares (TSX: CU.TO) rose by about 0.8%.
