Teekay LNG Partners' Series B Preferred Shares Cross 10% Yield Mark
May 11, 2020 at 14:07 PM EDT
In trading on Monday, shares of Teekay LNG Partners LP's 8.50% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (TGP. RB) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.1252), with shares changing hands as low as $20.76 on the day.