Tsakos Energy Navigation's Series C Cumulative Redeemable Perpetual Yield Pushes Past 8.5%

In trading on Monday, shares of Tsakos Energy Navigation Ltd.'s 8.875% Series C Cumulative Redeemable Perpetual (TNP.PRC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.2188), with shares changing hands as low as $25.99 on the day. This compares to an average yield of 7.02% in the "Energy" preferred stock category, according to Preferred Stock Channel. As of last close, TNP.PRC was trading at a 4.60% premium to its liquidation preference amount, versus the average premium of 7.43% in the "Energy" category.

The chart below shows the one year performance of TNP.PRC shares, versus TNP:

Performance Comparison Chart

Below is a dividend history chart for TNP.PRC, showing historical dividend payments on Tsakos Energy Navigation Ltd.'s 8.875% Series C Cumulative Redeemable Perpetual :

TNP.PRC+Dividend+History+Chart

In Monday trading, Tsakos Energy Navigation Ltd.'s 8.875% Series C Cumulative Redeemable Perpetual ( TNP.PRC) is currently down about 0.6% on the day, while the common shares ( TNP) are down about 0.5%.

More from Stocks

Tech Stocks Have You Baffled? Educate Yourself in Some Portfolio Diversification

Tech Stocks Have You Baffled? Educate Yourself in Some Portfolio Diversification

Alphabet Shares Rise on Earnings, Revenue Beat But Some Concerns Remain

Alphabet Shares Rise on Earnings, Revenue Beat But Some Concerns Remain

Semiconductor Stocks Get Smashed Again as Earnings Weakness Continues
Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro