Miller Energy Resources Series D Preferred Stock Crosses Above 11.5% Yield Territory
November 12, 2014 at 14:07 PM EST
In trading on Wednesday, shares of Miller Energy Resources, Inc.'s 10.5% Series D Fixed Rate/Floating Rate Cumulative Redeemable Preferred Stock (MILL. RD) were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.625), with shares changing hands as low as $22.54 on the day.