Teekay LNG Partners' Series A Preferred Shares Cross 11.5% Yield Mark
March 30, 2020 at 15:25 PM EDT
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 11.5% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $19.50 on the day.
