{"id":746331,"date":"2023-04-10T16:10:16","date_gmt":"2023-04-10T20:10:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-declares-dividend-on-its-series-f-cumulative-redeemable-perpetual-preferred-shares-9\/"},"modified":"2023-04-10T16:10:16","modified_gmt":"2023-04-10T20:10:16","slug":"ten-ltd-declares-dividend-on-its-series-f-cumulative-redeemable-perpetual-preferred-shares-9","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-declares-dividend-on-its-series-f-cumulative-redeemable-perpetual-preferred-shares-9\/","title":{"rendered":"TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ATHENS, Greece, April  10, 2023  (GLOBE NEWSWIRE) &#8212; TEN Ltd. (\u201cTEN\u201d) (NYSE: TNP) (the \u201cCompany\u201d), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the \u201cSeries F Preferred Shares\u201d; NYSE: TNPPRF).<\/p>\n<p align=\"justify\">The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2023 through April 29, 2023.<\/p>\n<p align=\"justify\">The dividend on the Series F Preferred Shares will be paid on May 1, 2023 to all holders of record of Series F Preferred Shares as of April 26, 2023. Dividends on the Series F Preferred Shares are payable quarterly in arrears on the 30<sup>th<\/sup> day (unless the 30<sup>th <\/sup>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\u2019s board of directors. This is the 19<sup>th<\/sup> dividend on the Series F since their commencement of trading on the New York Stock Exchange.<\/p>\n<p align=\"justify\">TEN has 6,747,147 Series F Preferred Shares outstanding as of the date of this press release.<\/p>\n<p align=\"justify\">\n        <strong>ABOUT TSAKOS ENERGY NAVIGATION<\/strong><br \/>\n        <br \/> TEN, founded in 1993 and celebrating this year 30 years as a public company, is one of the first and most established public shipping companies in the world. TEN\u2019s diversified energy fleet currently consists of 67 double-hull vessels including four dual-fuel LNG powered Aframaxes, two scrubber-fitted Suezmaxes and up to three DP2 Shuttle tankers under construction constituting a mix of crude tankers, product tankers and LNG carriers, totaling 8.5 million dwt.<\/p>\n<p align=\"justify\">\n        <strong>ABOUT FORWARD-LOOKING STATEMENTS <\/strong><br \/>\n        <br \/> 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.<\/p>\n<p align=\"justify\">For further information, please contact:<\/p>\n<p align=\"justify\">\n        <strong>Company<\/strong><br \/>\n        <br \/> Tsakos Energy Navigation Ltd. <br \/> George Saroglou <br \/> COO <br \/> +30210 94 07 710 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=n3ppdgVsy9MLlFiMjdPsi1U_eQb_lYId8009l-54OAzLQk136KBprzq4epmlY-jLwsLn9atpJE1ulUlqJnMVug==\" rel=\"nofollow noopener\" target=\"_blank\"><u>gsaroglou@tenn.gr<\/u><\/a><\/p>\n<p align=\"justify\">\n        <strong>Investor Relations \/ Media <\/strong><br \/>\n        <br \/> Capital Link, Inc. <br \/> Nicolas Bornozis <br \/> Markella Kara <br \/> +212 661 7566 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lM_PwoQfVrl7rQM7Z256OJ4HVkbbUCvSKDc9DDvPU1_EVogXH-rje-hlOkms7-O-TxjiPb-oJHSgiU5FePTh6J5QkB_iUPOwuU78dlgfOb4=\" rel=\"nofollow noopener\" target=\"_blank\"><u>ten@capitallink.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgwNDg3MyM1NTE4MTA4IzUwMDAzMTMxNg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MGJhNmQxNTctN2RkMS00MDhiLWFlZWYtZWE0ZTFkZDZkNzAyLTUwMDAzMTMxNg==\/tiny\/Tsakos-Energy-Navigation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATHENS, Greece, April 10, 2023 (GLOBE NEWSWIRE) &#8212; TEN Ltd. (\u201cTEN\u201d) (NYSE: TNP) (the \u201cCompany\u201d), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the \u201cSeries F Preferred Shares\u201d; NYSE: TNPPRF). The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2023 through April 29, 2023. The dividend on the Series F Preferred Shares will be paid on May 1, 2023 to all holders of record of Series F Preferred Shares as of April 26, 2023. Dividends on the Series F &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-declares-dividend-on-its-series-f-cumulative-redeemable-perpetual-preferred-shares-9\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-746331","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-declares-dividend-on-its-series-f-cumulative-redeemable-perpetual-preferred-shares-9\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATHENS, Greece, April 10, 2023 (GLOBE NEWSWIRE) &#8212; TEN Ltd. (\u201cTEN\u201d) (NYSE: TNP) (the \u201cCompany\u201d), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the \u201cSeries F Preferred Shares\u201d; NYSE: TNPPRF). The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2023 through April 29, 2023. The dividend on the Series F Preferred Shares will be paid on May 1, 2023 to all holders of record of Series F Preferred Shares as of April 26, 2023. Dividends on the Series F &hellip; Continue reading &quot;TEN Ltd. 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