Nabors Industries' Preferred Series A Shares Cross 11% Yield Mark
September 15, 2020 at 15:15 PM EDT
In trading on Tuesday, shares of Nabors Industries Ltd's 6.00% Mandatory Convertible Preferred Shares, Series A (NBR. RA) were yielding above the 11% mark based on its quarterly dividend (annualized to $3.00), with shares changing hands as low as $5.60 on the day.