Vanguard Natural Resources Series B Preferred Units Shares Cross 8.5% Yield Mark
April 16, 2015 at 14:05 PM EDT
In trading on Thursday, shares of Vanguard Natural Resources LLC's 7.625% Series B Cumulative Redeemable Perpetual Preferred Units (VNRBP) were yielding above the 8.5% mark based on its monthly dividend (annualized to $1.9062), with shares changing hands as low as $22.26 on the day. This compares to an average yield of 7.74% in the "Energy" preferred stock category, according to Preferred Stock Channel..