Chesapeake Energy Corporation (NYSE:CHK) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.06% to close at $6.69 with the total traded volume of 32.94 Million shares. Chesapeake Energy Corporation (CHK) reported that its Board of Directors has reinstated the payment of dividends on its outstanding convertible preferred stock. Holders of record on February 1, 2017 for the 4.5%, 5.0%, 5.75% and 5.75% (Series A) Convertible Preferred Stock will receive four quarterly payments of dividends in arrears on February 15, 2017,For the current quarter, the Board of Directors also declared dividends on each series of its outstanding preferred stock.
Holders of outstanding 5.0% (Series 2005B), 5.75% and 5.75% (Series A) Convertible Preferred Stock on February 1, 2017 will receive current quarterly dividends on February 15, 2017. Holders of the 4.5% Convertible Preferred Stock on March 1, 2017 will receive current quarterly dividends on March 15, 2017. The firm has institutional ownership of 67.00%, while insider ownership included 1.00%. Its price to sales ratio ended at 0.59. CHK attains analyst recommendation of 3.00 with week performance of -3.46%.