GLOP's Series A Preferred Yield Pushes Past 8.5%

In trading on Tuesday, shares of GLOP's 8.625% SERIES A CUMULATIVE REDEEMABLE PERPETUAL (Symbol: GLOP.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $25.32 on the day. This compares to an av

In trading on Tuesday, shares of GLOP's 8.625% SERIES A CUMULATIVE REDEEMABLE PERPETUAL (Symbol: GLOP.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $25.32 on the day. This compares to an av