GST.PRA Crosses Above 11% Yield Territory Wednesday, October 3, 2:10 PM ET, by Market News Video Staff In trading on Wednesday, shares of Gastar Exploration Ltd.'s Gastar Exploration USA, Inc. 8.625% Series ...
In trading on Wednesday, shares of Gastar Exploration Ltd.'s Gastar Exploration USA, Inc. 8.625% Series A Cumulative Preferred Securities (AMEX:GST.PRA) were yielding above the 11% mark based on its monthly dividend (annualized to $2.1562), with shares changing hands as low as $17.40 on the day. This compares to an average yield of 8.74% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel. As of last close, GST.PRA was trading at a -20.44% discount to its liquidation preference amount, versus the average premium of 2.73% in the "Oil & Gas Exploration & Production" category.
The chart below shows the one year performance of GST.PRA shares, versus GST:
Below is a dividend history chart for GST.PRA, showing historical dividend payments on Gastar Exploration Ltd.'s Gastar Exploration USA, Inc. 8.625% Series A Cumulative Preferred Securities :
In Wednesday trading, Gastar Exploration Ltd.'s Gastar Exploration USA, Inc. 8.625% Series A Cumulative Preferred Securities (AMEX:GST.PRA) is currently off about 10% on the day, while the common shares (AMEX:GST) are off about 24.6%.
This Article's Word Cloud:AMEXBelowCumulativeExplorationGastarPreferredProductionSecuritiesSeriesSmallWednesdayYieldsaboutaverageaxisColorbottomBufferbottomLabelsbottomTableHeightcategorychartcurrentlydividenddocumentescapefillColorfontSizefreegridColorgridLocationhandshistoricalhistorylabelSidelineColorsmarkmissingmovingAverageColorspreferencepreferredsharesshowPrevCloseshowingslideshowstockstradingtrialInversuswhilewithyear
Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel
from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you
agree to the following Full Disclaimer & Terms of Service. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20
minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.