Global Partners' Series A Preferred Units Yield Pushes Past 10%
October 08, 2020 at 14:19 PM EDT
In trading on Thursday, shares of Global Partners LP's 9.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (GLP. RA) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.4375), with shares changing hands as low as $24.37 on the day.