In trading on Friday, shares of Vanguard Natural Resources LLC's 7.625% Series B Cumulative Redeemable Perpetual Preferred Units (VNRBP) were yielding above the 10.5% mark based on its monthly dividend (annualized to $1.9062), with shares changing hands as low as $17.85 on the day. This compares to an average yield of 8.55% in the "Energy" preferred stock category, according to Preferred Stock Channel. As of last close, VNRBP was trading at a 27.08% discount to its liquidation preference amount, versus the average discount of 16.89% in the "Energy" category.The chart below shows the one year performance of VNRBP shares, versus VNR: Below is a dividend history chart for VNRBP, showing historical dividend payments on Vanguard Natural Resources LLC's 7.625% Series B Cumulative Redeemable Perpetual Preferred Units: In Friday trading, Vanguard Natural Resources LLC's 7.625% Series B Cumulative Redeemable Perpetual Preferred Units ( VNRBP) is currently off about 0.2% on the day, while the common shares ( VNR) are down about 1.6%.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Kohl's and 2 Other Retail Earnings That Every Investor Should Watch Next Week
Feeling overwhelmed as the markets gear up for retail earnings palooza? Action Alerts PLUS senior analyst Jeff Marks is watching three key retail earnings.
Booz Allen Has Been a Big Winner, but the Best May Be Yet to Come
A tech business of the future should ideally include units focused on cybersecurity, data analytics, digital transformation and consulting. That's actually the recipe for Booz Allen, one of the most successful but least applauded companies on the market.