TEN Ltd. Declares Quarterly Dividend of $0.59375 per Share
TEN Ltd. has announced a regular quarterly cash dividend for its Series F Preferred Shareholders. The dividend, for the period from July 30, 2025, through October 29, 2025, amounts to approximately $0.59375 per share.
TEN Ltd., a global energy transportation company, currently has 6,747,147 Series F Preferred Shares outstanding. The dividend will be distributed on October 30, 2025, to those who hold the shares on record as of October 27, 2025.
TEN's extensive fleet comprises 82 vessels, showcasing its diversity and strength in the energy sector. This includes ten DP2 shuttle tankers, three VLCCs, one scrubber-fitted suezmax vessel, two scrubber-fitted MR product tankers, and five scrubber-fitted LR1 tankers under construction. The total deadweight tonnage (dwt) of these vessels amounts to approximately 11 million.
The dividend payment reflects TEN Ltd.'s strong financial position and commitment to rewarding its shareholders. The company's robust fleet, with a significant portion equipped with scrubbers, demonstrates its preparedness for evolving environmental regulations.
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