Teekay LNG Partners' Series B Preferred Units Crosses Above 8.5% Yield Territory
December 17, 2020 at 14:29 PM EST
In trading on Thursday, 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 8.5% mark based on its quarterly dividend (annualized to $2.1252), with shares changing hands as low as $24.99 on the day.
