NuStar Energy's Series C Preferred Units Crosses Above 9% Yield Territory
March 11, 2019 at 14:11 PM EDT
In trading on Monday, shares of NuStar Energy LP's 9.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (NS. RC) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $24.90 on the day.
