Tsakos Energy Navigation LTD 8.75% Series D Cumulative Redeemable Perpetual Preferred Shares

By: ,

Date Issued   4/22/2015

Shares Issued  3,400,000   Overallotment Shares 510,000

S&P Rating   NR   Moodys  NR


Security Ticker Symbol   TNP-D     OTC Temp Ticker  TNPZF

Market Traded ON   NYSE

Dividend Payment Paid on the 28th of February, May, August  and November beginning on 8/28/2015

Quarterly Dividend   .547   Annual Dividend   2.1875

Securities may be redeemed, at the issuers option, as early as 4/29/2020 for a redemption price of $25/share plus accrued dividends

Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None


Company Investor Relations Page for Tsakos Energy Navigation


Below you can find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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