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To: Johnny Canuck who wrote (48988)1/9/2013 8:11:24 AM
From: chartseer1 Recommendation  Respond to of 70517
 
Well I for one appreciate it! Thank you again.



To: Johnny Canuck who wrote (48988)1/9/2013 10:00:54 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70517
 
Magnum Hunter Resources' Series C Preferred Stock Yield Pushes Past 10%

In trading on Thursday, shares of Magnum Hunter Resources Corp’s 10.25% Series C Cumulative Perpetual Preferred Stock ( AMEX: MHR.PRC) were yielding above the 10% mark based on its monthly dividend (annualized to $2.562), with shares changing hands as low as $25.43 on the day. This compares to an average yield of 7.05% in the “Oil & Gas Exploration & Production” preferred stock category, according to Preferred Stock Channel. As of last close, MHR.PRC was trading at a 2.76% premium to its liquidation preference amount, versus the average discount of 1.61% in the “Oil & Gas Exploration & Production” category.

The chart below shows the one year performance of MHR.PRC shares, versus MHR:



Below is a dividend history chart for MHR.PRC, showing historical dividend payments on Magnum Hunter Resources Corp’s 10.25% Series C Cumulative Perpetual Preferred Stock:




In Thursday trading, Magnum Hunter Resources Corp’s 10.25% Series C Cumulative Perpetual Preferred Stock ( AMEX: MHR.PRC) is currently off about 0.3% on the day, while the common shares ( NYSE: MHR) are up about 2.4%.