“`html
On Thursday, shares of Canadian Utilities Ltd’s Cumulative Redeemable Second Preferred Shares Series Y (TSX: CU-PRC.TO) yielded above the 5.5% mark, with quarterly dividends annualized to $1.299. The shares traded as low as $23.45 during the day, which represents a 3.40% discount to their liquidation preference amount.
Additionally, on the same day, CU.PRC shares were down approximately 2.9%, while the common shares of Canadian Utilities Ltd (TSX: CU.TO) declined by about 1.2%.
“`
