Breitburn Energy Partners' Series A Preferred Units Shares Cross 16.5% Yield Mark
September 21, 2015 at 14:53 PM EDT
In trading on Monday, shares of Breitburn Energy Partners LP's 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) were yielding above the 16.5% mark based on its monthly dividend (annualized to $2.0625), with shares changing hands as low as $12.03 on the day. This compares to an average yield of 8.41% in the "Energy" preferred stock category, according to Preferred Stock Channel..