Tsakos Energy Navigation's Series E Preferred Shares Cross 10.5% Yield Mark
August 22, 2019 at 14:32 PM EDT
In trading on Thursday, shares of Tsakos Energy Navigation Ltd's 9.25% Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares (TNP. RE) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $2.3125), with shares changing hands as low as $21.63 on the day.