NuStar Energy's Series B Preferred Units Crosses Above 10% Yield Territory
May 29, 2020 at 14:23 PM EDT
In trading on Friday, shares of NuStar Energy LP's 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (NS. RB) were yielding above the 10% mark based on its quarterly dividend (annualized to $1.9063), with shares changing hands as low as $18.33 on the day.