Global Partners' Series A Preferred Shares Cross 10% Yield Mark
July 07, 2020 at 15:00 PM EDT
In trading on Tuesday, 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 $24.29 on the day.