Tsakos Energy Navigation's Series E Preferred Shares Cross 10% Yield Mark
February 25, 2020 at 14:20 PM EST
In trading on Tuesday, 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% mark based on its quarterly dividend (annualized to $2.3125), with shares changing hands as low as $22.64 on the day.