FX Energy's Series B Preferred Stock Crosses Above 13% Yield Territory

In trading on Monday, shares of FX Energy Inc.'s 9.25% Series B Cumulative Convertible Preferred Stock (FXENP) were yielding above the 13% mark based on its quarterly dividend (annualized to $2.3125), with shares changing hands as low as $17.33 on the day. This compares to an average yield of 17.34% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel..