TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares

Q: What dividend did TEN (NYSE: TEN) declare for its Series E preferred shares on May 5, 2026?

TEN declared a quarterly cash dividend of $0.578125 per Series E preferred share . According to the company, the dividend covers Feb 28, 2026 through May 27, 2026 and is payable on May 28, 2026 to holders of record as of May 22, 2026.

Q: When will TEN (TEN) pay the Series E preferred dividend and who is eligible?

Payment is scheduled for May 28, 2026 to holders of record on May 22, 2026 . According to the company, dividends are payable quarterly in arrears on the 28th of Feb, May, Aug and Nov, adjusted for weekends or holidays.

Q: How many Series E preferred shares of TEN (TEN) are outstanding and what is the total payout?

TEN reports 4,745,947 Series E preferred shares outstanding. According to the company, multiplying that count by $0.578125 implies an estimated total cash payout of about $2.74 million for this quarter.

Q: How many dividends has TEN (TEN) paid on the Series E preferred since listing?

This is the 37th dividend declared on TEN's Series E preferred shares since commencement of trading. According to the company, the series has been paid quarterly since listing, subject to board declarations and payment-date adjustments.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

TEN (NYSE: TEN) declared a regular quarterly cash dividend of $0.578125 per share on its Series E Cumulative Perpetual Preferred Shares (NYSE: TENPRE). The dividend covers Feb 28, 2026 through May 27, 2026, will be paid on May 28, 2026, and the record date is May 22, 2026. TEN reports 4,745,947 Series E preferred shares outstanding and notes this is the 37th dividend since listing. Dividends are payable quarterly in arrears on the 28th of Feb, May, Aug and Nov (adjusted for weekends/holidays).

Positive

$0.578125 per share regular quarterly dividend declared
Estimated total cash payout of approximately $2.74 million to Series E preferred holders

Negative

None.

05/05/2026 - 04:05 PM

ATHENS, Greece, May 05, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or 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 $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE; TENPRE).

The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of February 28, 2026 through May 27, 2026.

The dividend on the Series E Preferred Shares will be paid on May 28, 2026 to all holders of record of Series E Preferred Shares as of May 22, 2026. Dividends on the Series E Preferred Shares are payable quarterly in arrears on the 28^th day (unless the 28^thfalls 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 37^th 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
Founded in 1993 and celebrating 33 years as a public company, TEN is one of the first and most established public shipping companies in the world. TEN's diversified energy fleet currently consists of 83 vessels, including ten DP2 shuttle tankers, three VLCCs, five scrubber-fitted LR1 tankers and one LNG carrier under construction, consisting of a mix of crude tankers, product tankers and LNG carriers totaling approx. 11 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

What dividend did TEN (NYSE: TEN) declare for its Series E preferred shares on May 5, 2026?

TEN declared a quarterly cash dividend of $0.578125 per Series E preferred share. According to the company, the dividend covers Feb 28, 2026 through May 27, 2026 and is payable on May 28, 2026 to holders of record as of May 22, 2026.

When will TEN (TEN) pay the Series E preferred dividend and who is eligible?

Payment is scheduled for May 28, 2026 to holders of record on May 22, 2026. According to the company, dividends are payable quarterly in arrears on the 28th of Feb, May, Aug and Nov, adjusted for weekends or holidays.

How many Series E preferred shares of TEN (TEN) are outstanding and what is the total payout?

TEN reports 4,745,947 Series E preferred shares outstanding. According to the company, multiplying that count by $0.578125 implies an estimated total cash payout of about $2.74 million for this quarter.

Is the Series E preferred dividend from TEN (NYSE: TEN) recurring and how often is it paid?

Yes. TEN pays Series E preferred dividends quarterly in arrears, on the 28th of Feb, May, Aug and Nov each year. According to the company, payments are made when, as and if declared by the board of directors.

How many dividends has TEN (TEN) paid on the Series E preferred since listing?

This is the 37th dividend declared on TEN's Series E preferred shares since commencement of trading. According to the company, the series has been paid quarterly since listing, subject to board declarations and payment-date adjustments.