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

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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 the period from May 28, 2026, to August 27, 2026, and will be paid on August 28, 2026 to holders of record as of August 25, 2026. This is the 38th dividend on the Series E Preferred Shares, of which 4,745,947 are outstanding.

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Positive

  • $0.578125 quarterly dividend per Series E Preferred Share declared
  • Dividend payment scheduled for August 28, 2026, record date August 25, 2026
  • This is the 38th dividend on Series E Preferred Shares, signaling ongoing distributions

Negative

  • None.

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ATHENS, Greece, Aug. 03, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified tanker and LNG 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 May 28, 2026, through August 27, 2026.

The dividend on the Series E Preferred Shares will be paid on August 28, 2026, to all holders of record of Series E Preferred Shares as of August 25, 2026. 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 38th 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 Bermuda in 1993 and celebrating 33 years as a public company, 24 of which on the NYSE, TEN is one of the first and most established public shipping companies in the world. TEN's diversified pro-forma energy fleet currently consists of 83 vessels, 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 on its Series E preferred shares for August 2026?

TEN declared a quarterly cash dividend of $0.578125 per Series E Preferred Share. According to TEN, this dividend covers the period from May 28, 2026, to August 27, 2026, and follows the company’s regular quarterly payment schedule.

When is the TEN Series E preferred dividend record date and payment date in August 2026 (TENPRE)?

The record date is August 25, 2026 and the payment date is August 28, 2026. According to TEN, holders of Series E Preferred Shares on the record date will receive the declared quarterly cash dividend on the stated payment date.

How often are TEN’s Series E Cumulative Perpetual Preferred Shares (TENPRE) dividends paid?

Dividends on TEN’s Series E Preferred Shares are scheduled quarterly in arrears. According to TEN, payments are expected on the 28th of February, May, August and November, when, as and if declared by the company’s board of directors.

How many TEN Series E preferred shares are outstanding for the August 2026 dividend?

TEN reports 4,745,947 Series E Preferred Shares outstanding as of the press release date. According to TEN, this share count is used to determine total cash outlay for the declared quarterly dividend, subject to the stated per-share rate.

What does the 38th dividend on TEN’s Series E preferred shares mean for TENPRE investors?

The August 2026 declaration represents the 38th dividend on TEN’s Series E Preferred Shares. According to TEN, this history reflects an ongoing pattern of quarterly distributions, subject each time to board declaration, for investors holding TENPRE.

What is the trading symbol for TEN’s Series E preferred stock and where is it listed?

TEN’s Series E Cumulative Perpetual Preferred Shares trade under the symbol TENPRE on the New York Stock Exchange. According to TEN, these preferred shares receive quarterly dividends when, as and if declared by the company’s board.