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Golar LNG's Series A Preferred Shares Cross 18% Yield Mark

In trading on Wednesday, shares of Golar LNG Ltd's 8.75% Series A Cumulative Redeemable Preferred Units (GMLPP) were yielding above the 18% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $10.18 on the day. This compares to an average yield of 14.82% in the "Energy" preferred stock category, according to Preferred Stock Channel..
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