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

On 8/28/14, 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 9/15/14. As a percentage of VNRAP's recent share price of $26.01, this dividend works out to approximately 0.63%, so look for shares of VNRAP to trade 0.63% lower — all else being equal — when VNRAP shares open for trading on 8/28/14. On an annualized basis, the current yield is approximately 7.56%, w...