In trading on Tuesday, shares of Teekay Offshore Partners LP's 8.50% Series B Cumulative Redeemable Preferred Units (TOO.PRB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1252), with shares changing hands as low as $24.51 on the day. This compares to an average yield of 8.42% in the "Energy" preferred stock category, according to Preferred Stock Channel. As of last close, TOO.PRB was trading at a 3.28% premium to its liquidation preference amount, versus the average discount of 1.46% in the "Energy" category.

The chart below shows the one year performance of TOO.PRB shares, versus TOO:

Performance Comparison Chart

Below is a dividend history chart for TOO.PRB, showing historical dividend payments on Teekay Offshore Partners LP's 8.50% Series B Cumulative Redeemable Preferred Units:

TOO.PRB+Dividend+History+Chart

In Tuesday trading, Teekay Offshore Partners LP's 8.50% Series B Cumulative Redeemable Preferred Units ( TOO.PRB) is currently off about 3% on the day, while the common shares ( TOO - Get Report) are up about 0.6%.