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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!! -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (90)6/22/2024 8:22:39 AM
From: Elroy  Respond to of 103
 
NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units

These preferreds are yielding about 13%.

finance.yahoo.com

NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending June 30, 2024 to be paid to the holders of the Partnership’s 12.511% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B Preferred Units") and the 12.682% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class C Preferred Units") in accordance with the terms outlined in NGL’s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7820 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7926 per unit on July 15, 2024, to holders of record on July 1, 2024.