TEN Ltd Declares $0.59375 Quarterly Dividend on Series F Preferred Shares
TEN Ltd’s board declared a quarterly cash dividend of $0.59375 per Series F Preferred Share for the January 30–April 29, 2026 period. The dividend will be paid April 30, 2026 to holders of record on April 27, 2026, with 6,747,147 Series F shares outstanding.
1. Dividend Declaration
TEN’s Board of Directors has approved a regular quarterly cash dividend of $0.59375 per Series F Cumulative Redeemable Perpetual Preferred Share, covering the period from January 30 through April 29, 2026.
2. Payment Schedule and Record Date
The dividend is scheduled for payment on April 30, 2026 to all holders of record as of April 27, 2026, representing the 31st consecutive distribution since the Series F shares began trading.
3. Outstanding Shares and Payout
With 6,747,147 Series F Preferred Shares outstanding, TEN will distribute approximately $4.01 million in this quarterly dividend payment.
4. Company Fleet and Operations
Founded in 1993, TEN operates a diversified energy fleet of 83 vessels—including shuttle tankers, VLCCs, scrubber-fitted LR1 tankers and LNG carriers—totaling about 11 million dwt capacity.