Tsakos Energy Navigation Ltd.'s 8.00% Series B Cumulative Redeemable Perpetual Crosses Above 8.5% Yield Territory
March 27, 2014 at 14:13 PM EDT
In trading on Thursday, shares of Tsakos Energy Navigation Ltd.'s 8.00% Series B Cumulative Redeemable Perpetual (TNP. RB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $23.46 on the day.