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:
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:
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.
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