TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares
TEN (NYSE: TEN), a leading diversified crude, product and LNG tanker operator, announced its Board of Directors has declared a regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (NYSE: TENPRE). The dividend covers the period from November 28, 2024, through February 27, 2025, and will be paid on February 28, 2025, to shareholders of record as of February 25, 2025.
This marks the 32nd dividend payment on the Series E Preferred Shares since their NYSE listing. The company currently has 4,745,947 Series E Preferred Shares outstanding. Dividends are paid quarterly in arrears on February 28, May 28, August 28, and November 28, subject to business day adjustments.
TEN (NYSE: TEN), un operatore leader nel settore dei petroli grezzi, dei prodotti e dei tankers di LNG, ha annunciato che il suo Consiglio di Amministrazione ha dichiarato un dividendo trimestrale in contante di $0.578125 per azione per le sue Azioni Preferenziali Cumulative Perpetue di Serie E (NYSE: TENPRE). Il dividendo copre il periodo dal 28 novembre 2024 al 27 febbraio 2025 e sarà pagato il 28 febbraio 2025 agli azionisti registrati al 25 febbraio 2025.
Questo segna il 32° pagamento di dividendi sulle Azioni Preferenziali di Serie E dalla loro quotazione in borsa. Attualmente l'azienda ha 4.745.947 Azioni Preferenziali di Serie E in circolazione. I dividendi vengono pagati trimestralmente con scadenza il 28 febbraio, 28 maggio, 28 agosto e 28 novembre, soggetti ad aggiustamenti nei giorni lavorativi.
TEN (NYSE: TEN), un operador líder en tanques de crudo, productos y GNL, anunció que su Junta Directiva ha declarado un dividendo en efectivo trimestral regular de $0.578125 por acción para sus Acciones Preferidas Acumulativas Perpetuas de Serie E (NYSE: TENPRE). El dividendo cubre el período del 28 de noviembre de 2024 al 27 de febrero de 2025 y se pagará el 28 de febrero de 2025 a los accionistas registrados al 25 de febrero de 2025.
Esto marca el 32.º pago de dividendos sobre las Acciones Preferidas de Serie E desde su cotización en la NYSE. La empresa actualmente tiene 4,745,947 Acciones Preferidas de Serie E en circulación. Los dividendos se pagan trimestralmente a plazos el 28 de febrero, 28 de mayo, 28 de agosto y 28 de noviembre, sujetos a ajustes de días hábiles.
TEN (NYSE: TEN)는 주요 원유, 제품 및 LNG 선박 운영업체로서 이사회가 $0.578125 per share의 정기 분기 현금 배당금을 선언했다고 발표했습니다. 이는 E 시리즈 누적 영구 우선주(코드: TENPRE)에 해당합니다. 이 배당금은 2024년 11월 28일부터 2025년 2월 27일까지의 기간을 포함하며, 2025년 2월 28일에 2025년 2월 25일 기준 주주에게 지급될 예정입니다.
이는 E 시리즈 우선주의 NYSE 상장 이후 32차 배당금 지급을 의미합니다. 현재 회사에는 4,745,947주의 E 시리즈 우선주가 있습니다. 배당금은 열흘마다 두 번 지급되며, 2월 28일, 5월 28일, 8월 28일 및 11월 28일에 지급되며, 영업일 조정이 적용됩니다.
TEN (NYSE: TEN), un opérateur diversifié de tankers de brut, de produits et de GNL, a annoncé que son Conseil d'Administration a déclaré un dividende en espèces trimestriel régulier de $0.578125 par action pour ses Actions Préférées Cumulatives Perpétuelles de Série E (NYSE: TENPRE). Le dividende couvre la période du 28 novembre 2024 au 27 février 2025 et sera payé le 28 février 2025 aux actionnaires ayant droit au 25 février 2025.
Cela marque le 32e paiement de dividende sur les Actions Préférées de Série E depuis leur cotation à la NYSE. L'entreprise a actuellement 4 745 947 Actions Préférées de Série E en circulation. Les dividendes sont versés trimestriellement en arriéré le 28 février, 28 mai, 28 août et 28 novembre, sous réserve d'ajustements pour les jours ouvrables.
TEN (NYSE: TEN), ein führender diversifizierter Betreiber von Rohöl-, Produkt- und LNG-Tankern, gab bekannt, dass der Vorstand eine regelmäßige vierteljährliche Bar-Dividende von $0.578125 pro Aktie für die Serie E kumulierten, ewigen Vorzugsaktien (NYSE: TENPRE) erklärt hat. Die Dividende erstreckt sich über den Zeitraum vom 28. November 2024 bis zum 27. Februar 2025 und wird am 28. Februar 2025 an die am 25. Februar 2025 eingetragenen Aktionäre ausgezahlt.
Dies ist die 32. Dividendenzahlung für die Vorzugsaktien der Serie E seit ihrer Notierung an der NYSE. Das Unternehmen hat derzeit 4.745.947 Vorzugsaktien der Serie E ausstehend. Die Dividenden werden vierteljährlich im Rückstand am 28. Februar, 28. Mai, 28. August und 28. November, vorbehaltlich Anpassungen für Werktage, ausgezahlt.
- Consistent dividend payment history with 32 consecutive distributions
- Maintains regular quarterly dividend schedule
- Large preferred share base with 4.7M shares outstanding
- None.
ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of
The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of November 28, 2024 through February 27, 2025.
The dividend on the Series E Preferred Shares will be paid on February 28, 2025 to all holders of record of Series E Preferred Shares as of February 25, 2025. Dividends on the Series E Preferred Shares are payable quarterly in arrears on the 28th day (unless the 28th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of February, May, August and November of each year, when, as and if declared by TEN’s board of directors. This is the 32nd dividend on the Series E Preferred Shares since their commencement of trading on the New York Stock Exchange.
TEN has 4,745,947 Series E Preferred Shares outstanding as of the date of this press release.
ABOUT TSAKOS ENERGY NAVIGATION
TEN, founded in 1993 and celebrating this year 32-years as a public company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 74 vessels, including three DP2 shuttle tankers, two scrubber-fitted suezmax vessels, two scrubber-fitted MR product tankers and five scrubber-fitted LR1 tankers under construction, consisting of a mix of crude tankers, product tankers and LNG carriers, totaling 8.9 million dwt.
ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
For further information, please contact :
Company
Tsakos Energy Navigation Ltd.
George Saroglou
President & COO
+30210 94 07 710
gsaroglou@tenn.gr
Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Markella Kara
+212 661 7566
ten@capitallink.com
FAQ
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