Vanguard Natural Resources Series A Preferred Units Shares Cross 8% Yield Mark
June 08, 2015 at 15:51 PM EDT
In trading on Monday, shares of Vanguard Natural Resources LLC's 7.875% Series A Cumulative Redeemable Perpetual Preferred Units (VNRAP) were yielding above the 8% mark based on its monthly dividend (annualized to $1.9692), with shares changing hands as low as $24.52 on the day. This compares to an average yield of 7.21% in the "Energy" preferred stock category, according to Preferred Stock Channel..