ETP's Series D Preferred Shares Cross 8.5% Yield Mark
February 25, 2021 at 14:27 PM EST
In trading on Thursday, shares of ETP's 7.625% Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (ETP. RD) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.9062), with shares changing hands as low as $22.11 on the day.