Core Viewpoint - TEN Ltd. has declared a quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares, marking the 26th dividend since their trading commencement on the NYSE [1][3]. Group 1: Dividend Details - The dividend is for the period from October 30, 2024, to January 29, 2025 [2]. - Payment will be made on January 30, 2025, to holders of record as of January 27, 2025 [3]. - Dividends are payable quarterly in arrears on the 30th day of January, April, July, and October, subject to declaration by the board [3]. Group 2: Company Overview - TEN Ltd. was founded in 1993 and is celebrating 31 years as a public company [5]. - The company operates a diversified energy fleet consisting of 74 vessels, including various types of tankers and carriers, totaling 8.9 million deadweight tons (dwt) [5]. - As of the date of the press release, there are 6,747,147 Series F Preferred Shares outstanding [4].
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares