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NGL Energy Partners' Class C Preferred Units Ex-Dividend Reminder

NGL
Capital Returns (Dividends / Buybacks)Interest Rates & YieldsCompany Fundamentals

NGL.PRC (9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units of NGL Energy Partners LP) will trade ex-dividend on 2026-04-01 for a quarterly dividend of $0.6903, payable 2026-04-15. The $0.6903 dividend equals 2.76% of the recent $25 share price for the quarter (approximately 11.04% annualized). This is a routine dividend notice for a preferred unit and is unlikely to move broader markets.

Analysis

NGL.PRC (9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units of NGL Energy Partners LP) will trade ex-dividend on 2026-04-01 for a quarterly dividend of $0.6903, payable 2026-04-15. The $0.6903 dividend equals 2.76% of the recent $25 share price for the quarter (approximately 11.04% annualized). This is a routine dividend notice for a preferred unit and is unlikely to move broader markets.

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