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

On 10/1/26, NGL Energy Partners LP's 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Symbol: NGL.PRC) will trade ex-dividend, for its quarterly dividend of $0.6949, payable on 10/15/26. As a percentage of NGL.PRC's recent share price of $25.98, this dividend works out to approximately 2.68%, so look for shares of NGL.PRC to trade 2.68% lower — all else being equal — when NGL.PRC shares open for trading on 10/1/26. On an annualized basis, the current yield is approximately 0, which compares to an average yield of 6.41% in the "Oil & Gas Equipment & Services" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of NGL.