NuStar Energy's Series B Preferred Shares Cross 9% Yield Mark

In trading on Thursday, shares of NuStar Energy LP's 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (NS. RB) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.9063), with shares changing hands as low as $21.15 on the day.