Tsakos Energy Navigation Series F Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares Crosses Above 9% Yield Territory
April 24, 2024 at 14:06 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 9% mark based on its quarterly dividend (annualized to $2.375), with shares changing hands as low as $26.34 on the day.