TNP-D Tsakos Energy 8.75% Series D Cumulative Preferred

Dividends on the Series D Preferred Shares are cumulative from the date of original issue and will be payable quarterly in arrears on the 28th day of February, May, August and November of each year, commencing August 28, 2015, when, as and if declared by our board of directors. Dividends will be payable from cash available for dividends at a rate equal to 8.75% per annum of the stated liquidation preference. At any time on or after April 29, 2020, the Series D Preferred Shares may be redeemed, in whole or in part, out of amounts available therefor, at a redemption price of $25.00 per share plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption, whether or not declared.  This security was issued by Tsakos Energy Navigation Ltd, whose common stock symbol is TNP.

$23.80  -0.39 (-1.61%)
As of 06/29/2022 14:23:27 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Industrials
Industry:  Oil & Gas Midstream
Index country:  Greece
Country of incorporation:  
IPO date:  04/24/2015
Outstanding shares:  3,400,000
Average volume:  4,700
Market cap:   $82,314,000
Current dividend yield:  9.04%    calculation
Coupon rate:    8.750%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   04/29/2020
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:   SEC Edgar Online
Annual filings:      20-F
Sedol:      

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy