On 1/25/17, Tsakos Energy Navigation Ltd.'s 8.00% Series B Cumulative Redeemable Perpetual (Symbol: TNP.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/30/17. As a percentage of TNP.PRB's recent share price of $25.63, this dividend works out to approximately 1.95%, so look for shares of TNP.PRB to trade 1.95% lower - all else being equal - when TNP.PRB shares open for trading on 1/25/17. On an annualized basis, the current yield is approximately 7.81%, which compares to an average yield of 8.45% in the "Energy" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of TNP.PRB shares, versus TNP:
Below is a dividend history chart for TNP.PRB, showing historical dividends prior to the most recent $0.50 on Tsakos Energy Navigation Ltd.'s 8.00% Series B Cumulative Redeemable Perpetual :
According to the ETF Finder at ETF Channel, Tsakos Energy Navigation Ltd. (Symbol: TNP) makes up 2.04% of the MSCI Greece ETF ( GREK ) which is trading lower by about 0.2% on the day Monday.
In Monday trading, Tsakos Energy Navigation Ltd.'s 8.00% Series B Cumulative Redeemable Perpetual (Symbol: TNP.PRB) is currently trading flat on the day, while the common shares (Symbol: TNP) are off about 3.2%.