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Vanguard Natural Resources Series A Cumulative Redeemable Perpetual Preferred Units About To Put More Money In Your Pocket

On 12/30/15, Vanguard Natural Resources LLC's 7.875% Series A Cumulative Redeemable Perpetual Preferred Units (Symbol: VNRAP) will trade ex-dividend, for its monthly dividend of $0.1641, payable on 1/15/16. As a percentage of VNRAP's recent share price of $10.18, this dividend works out to approximately 1.61%, so look for shares of VNRAP to trade 1.61% lower - all else being equal - when VNRAP shares open for trading on 12/30/15. On an annualized basis, the current yield is approximately 18.17%, which compares to an average yield of 14.77% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of VNRAP shares, versus VNR:

Performance Comparison Chart

Below is a dividend history chart for VNRAP, showing historical dividends prior to the most recent $0.1641 on Vanguard Natural Resources LLC's 7.875% Series A Cumulative Redeemable Perpetual Preferred Units:

VNRAP+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Vanguard Natural Resources LLC (Symbol: VNR) makes up 4.24% of the First Trust ISE-Revere Natural Gas Index Fund ETF ( FCG ) which is trading relatively unchanged on the day Monday.

In Monday trading, Vanguard Natural Resources LLC's 7.875% Series A Cumulative Redeemable Perpetual Preferred Units (Symbol: VNRAP) is currently off about 6.1% on the day, while the common shares (Symbol: VNR) are trading flat.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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