NuStar Energy's Series A Preferred Units Crosses Above 9% Yield Territory
September 25, 2018 at 15:14 PM EDT
In trading on Tuesday, shares of NuStar Energy LP's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (NS. RA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $23.60 on the day.