Global Partners' Series A Preferred Shares Cross 9.5% Yield Mark
August 24, 2021 at 16:52 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 9.5% mark based on its quarterly dividend (annualized to $2.4375), with shares changing hands as low as $25.62 on the day.