NuStar Energy's Series A Preferred Units Crosses Above 8.5% Yield Territory
February 21, 2020 at 15:46 PM EST
In trading on Friday, shares of NuStar Energy LP's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (NS. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $24.90 on the day.
