GMX Resources Inc.'s 9.25% Series B Cumulative Preferred Stock Shares Cross 17% Yield Mark
December 19, 2012 at 15:12 PM EST
In trading on Wednesday, shares of GMX Resources Inc.'s 9.25% Series B Cumulative Preferred Stock (GMXR. R) were yielding above the 17% mark based on its quarterly dividend (annualized to $2.3125), with shares changing hands as low as $13.50 on the day.