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CAI International's Series A Preferred Stock Shares Cross 9% Yield Mark

In trading on Monday, shares of CAI International Inc's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (CAI. RA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.1248), with shares changing hands as low as $22.53 on the day.
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