Breitburn Energy Partners Series A Preferred Units Crosses Above 9.5% Yield Territory
June 23, 2015 at 14:09 PM EDT
In trading on Tuesday, shares of Breitburn Energy Partners LP's 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) were yielding above the 9.5% mark based on its monthly dividend (annualized to $2.0625), with shares changing hands as low as $21.55 on the day. This compares to an average yield of 7.34% in the "Energy" preferred stock category, according to Preferred Stock Channel..