Tsakos Energy Navigation's Series F Preferred Shares Cross 13.5% Yield Mark
April 01, 2020 at 15:55 PM EDT
In trading on Wednesday, shares of Tsakos Energy Navigation Ltd's 9.50% Series F Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares (TNP. RF) were yielding above the 13.5% mark based on its quarterly dividend (annualized to $2.375), with shares changing hands as low as $17.25 on the day.
