Breitburn Energy Partners Series A Cumulative Redeemable Perpetual Preferred Units Shares Cross 9% Yield Mark
March 04, 2015 at 14:05 PM EST
In trading on Wednesday, shares of Breitburn Energy Partners LP's 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) were yielding above the 9% mark based on its monthly dividend (annualized to $2.0625), with shares changing hands as low as $22.90 on the day. This compares to an average yield of 7.60% in the "Energy" preferred stock category, according to Preferred Stock Channel..