CAI International's Series B Preferred Stock Yield Pushes Past 9.5%

In trading on Wednesday, shares of CAI International Inc's 8.50% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (CAI. RB) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.1248), with shares changing hands as low as $22.09 on the day.
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