Tsakos Energy Navigation's Series D Preferred Shares Crosses Above 10% Yield Territory
June 27, 2016 at 15:49 PM EDT
In trading on Monday, shares of Tsakos Energy Navigation Ltd.'s 8.75% Series D Cumulative Redeemable Perpetual Preferred Shares (TNP. RD) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $21.77 on the day.