Dividend Announcement for Tsakos Energy Navigation Ltd – Series F Cumulative Redeemable Perpetual Preferred Shares
Tsakos Energy Navigation Ltd (NYSE: TEN) announced that it will pay a quarterly dividend of $0.5938 per share on its Series F cumulative redeemable perpetual preferred shares. The declaration was reported by multiple financial news outlets on 5 January 2026, including Seeking Alpha, Globenewswire, Investing.com, and the company’s own press releases.
The dividend represents a return to shareholders in the preferred class, which is distinct from the company’s ordinary shares. The Series F preferred shares are designed to provide a fixed, cumulative dividend that can be redeemed at the company’s discretion. The dividend payment is scheduled to be distributed in the standard quarterly cycle, reflecting the company’s ongoing commitment to return value to preferred shareholders.
Tsakos Energy Navigation Ltd is a Greek energy company listed on the New York Stock Exchange that owns and operates a diversified tanker fleet, including VLCC, Suezmax, Aframax, Panamax, and Handymax vessels. The fleet transports crude oil, refined petroleum products, and other liquids. Technical management of the ships is handled by Tsakos Columbia ShipManagement.
With a market capitalization of approximately $690.67 million and a price‑to‑earnings ratio of 7.09, the company’s share price as of 1 January 2026 was $21.89. Its 52‑week high and low were $26.69 and $13.40, respectively, indicating a moderately wide trading range. The dividend declaration on the Series F preferred shares is part of the company’s broader strategy to manage its capital structure and provide stable income streams to preferred investors while maintaining operational flexibility for its tanker fleet.
For further details on the dividend terms and payment schedule, shareholders should consult the official press release issued by Tsakos Energy Navigation Ltd or contact the company’s investor relations department.
