Vanguard Natural Resources Series C Preferred Units Crosses Above 8.5% Yield Territory

In trading on Wednesday, shares of Vanguard Natural Resources LLC's 7.75% Series C Cumulative Redeemable Perpetual Preferred Units (VNRCP) were yielding above the 8.5% mark based on its monthly dividend (annualized to $1.9375), with shares changing hands as low as $22.58 on the day. This compares to an average yield of 7.15% in the "Energy" preferred stock category, according to Preferred Stock Channel..