Chesapeake Energy (CHK) Suspends Quarterly Preferred Stock Dividends

April 17, 2020 4:16 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Chesapeake Energy Corporation (NYSE: CHK) announced today that it has suspended payment of dividends on each series of its outstanding convertible preferred stock effective immediately. Suspension of the dividend does not constitute an event of default under any of the company's debt instruments.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Dividend Cut

Related Entities

Dividend