Tsakos Energy Navigation Limited Declares Dividend on Its 8.00% Series B and 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares
(firmenpresse) - ATHENS, GREECE -- (Marketwired) -- 04/16/15 -- Tsakos Energy Navigation Limited ("TEN") (NYSE: TNP), a leading crude, product, and LNG tanker operator, today announced that its Board of Directors declared regular quarterly cash dividends of $0.50 per share for its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B Preferred Shares") (NYSE: TNPPRB) and $0.5547 per share for its 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE: TNPPRC).
Each dividend is for the period from the most recent dividend payment date on January 30, 2015 through April 29, 2015.
The dividend on the Series B Preferred Shares will be paid on April 30, 2015 to all holders of record of Series B Preferred Shares as of April 29, 2015. The dividend on the Series C Preferred Shares will be paid on April 30, 2015 to all holders of record of Series C Preferred Shares as of April 27, 2015. Dividends on the Series B and C Preferred Shares will be payable quarterly in arrears on the 30th day of January, April, July and October of each year, when, as and if declared by TEN''s board of directors. This is the eighth dividend on the Series B and the sixth dividend on the Series C.
TEN has 2,000,000 Series B Preferred Shares and 2,000,000 Series C Preferred Shares outstanding as of the date of this press release.
To date, TEN''s fleet, including the LNG carrier Maria Energy, nine Aframax crude oil tankers and two LR1 tankers all under construction, consists of 64 double-hull vessels (including Suezmax DP2 option), a mix of crude tankers, product tankers and LNG carriers, totaling 6.72 million dwt. Of these 44 vessels trade in crude, 14 in products, four are shuttle tankers (including Suezmax DP2 option) and two LNG carriers. The average age of the operational fleet is 7.7 years.
All TEN''s tanker newbuildings are fixed on accretive long term project business.
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:
Tsakos Energy Navigation Ltd.
George Saroglou
COO
+30210 94 07 710
Capital Link, Inc.
Nicolas Bornozis
Paul Lampoutis
+212 661 7566
367 Syngrou Avenue, 175 64 P. Faliro, Hellas
30210 94 07 710-3
30210 94 07 716
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 16.04.2015 - 06:00 Uhr
Sprache: Deutsch
News-ID 1351836
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
ATHENS, GREECE
Phone:
Kategorie:
Maritime
Anmerkungen:
Diese Pressemitteilung wurde bisher 212 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Tsakos Energy Navigation Limited Declares Dividend on Its 8.00% Series B and 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares
"
steht unter der journalistisch-redaktionellen Verantwortung von
Tsakos Energy Navigation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
