NGL Energy Partners LP's 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units Shares Cross 7% Yield Mark
September 28, 2020 at 14:04 PM EDT
In trading on Monday, shares of NGL Energy Partners LP's 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (NGL. RC) were yielding above the 7% mark based on its quarterly dividend (annualized to $2.4062), with shares changing hands as low as $13.63 on the day.