The 9.0%-Yielding Preferred Stock Of Tsakos Energy Navigation Is Highly Attractive Under Current Conditions

In late 2023, I recommended holding the preferred stock of Tsakos Energy Navigation ( TEN.PR.E ) for its exceptional yield and the wide margin of safety of the dividend. I rated the stock as a “hold” instead of a “buy” due to theI am a chemical engineer with a MS in Food Technology and Economics, and a MENSA member. I am the author of the book "Investing in Stocks and Bonds: The Early Retirement Project" (2024):I am also the author of the book "Mental Math: How to perform math calculations in your mind".I a ...