Teekay LNG Partners LP's 9.00% Series A Cumulative Redeemable Perpetual Preferred Units Shares Cross 8.5% Yield Mark
December 30, 2019 at 14:11 PM EST
In trading on Monday, shares of Teekay LNG Partners LP's 9.00% Series A Cumulative Redeemable Perpetual Preferred Units (TGP. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $26.35 on the day.