TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares
Rhea-AI Summary
TEN (NYSE:TEN) declared a regular quarterly cash dividend of approximately $0.59375 per Series F Preferred Share (NYSE:TENPRF). The dividend covers the period from April 30, 2026, to July 29, 2026, and will be paid on July 30, 2026, to shareholders of record on July 27, 2026.
This is the 32nd dividend on the Series F Preferred Shares, of which 6,747,147 shares are outstanding.
Positive
- Quarterly dividend of approximately $0.59375 per Series F Preferred Share declared
- Dividend payment date set for July 30, 2026
- 32nd dividend on the Series F Preferred Shares since NYSE listing
- 6,747,147 Series F Preferred Shares outstanding receive declared dividend
Negative
- None.
News Market Reaction – TEN
In the Jul 2 session, TEN gained 5.65%, reflecting a notable positive market reaction. Argus tracked a peak move of +2.9% during that session. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATHENS, Greece, July 02, 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 approximately
The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment date on April 30, 2026, through July 29, 2026.
The dividend on the Series F Preferred Shares will be paid on July 30, 2026, to all holders of record of Series F Preferred Shares as of July 27, 2026. Dividends on the Series F Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year, when, as and if declared by TEN’s board of directors. This is the 32nd dividend on the Series F Preferred Shares since their commencement of trading on the New York Stock Exchange.
TEN has 6,747,147 Series F Preferred Shares outstanding as of the date of this press release.
ABOUT TEN Ltd.
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
