Cash Dividend On The Way From Vanguard Natural Resource Series A Cumulative Redeemable Perpetual Preferred Units

On 11/6/13, Vanguard Natural Resource LLC's 7.875% Series A Cumulative Redeemable Perpetual Preferred Units (NASD: VNRAP) will trade ex-dividend, for its monthly dividend of $0.1641, payable on 11/15/13. As a percentage of VNRAP's recent share price of $26.49, this dividend works out to approximately 0.62%, so look for shares of VNRAP to trade 0.62% lower -- all else being equal -- when VNRAP shares open for trading on 11/6/13. On an annualized basis, the current yield is approximately 7.45%, wh...