ETP's Series E Preferred Shares Cross 9% Yield Mark
September 15, 2020 at 14:06 PM EDT
In trading on Tuesday, shares of ETP's 7.600% Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (ETP. RE) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.90), with shares changing hands as low as $20.07 on the day.