Press Releases June 15, 2026 04:05 PM

TEN Ltd. Declares Common Stock Dividend

Tsakos Energy Navigation declares a 36% dividend increase, marking over $1 billion paid since NYSE listing

By Ajmal Hussain
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TEN

Tsakos Energy Navigation Ltd., a leading tanker and LNG shipping company listed on the NYSE, announced a 36% increase in its 2026 total dividends compared to 2025, with a second semi-annual dividend of $1.00 per share payable in July. This marks over $1 billion distributed to shareholders since the company's 2002 NYSE debut.

TEN Ltd. Declares Common Stock Dividend
TEN
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Key Points

  • TEN declared a second semi-annual dividend of $1.00 per share for 2026, following a $0.50 dividend earlier in the year.
  • The 36% increase in total dividends compared to 2025 reflects the company's strong financial performance and commitment to shareholder returns.
  • TEN has paid over $1 billion in cumulative dividends since its listing on the NYSE in 2002, underscoring its long-standing stability and reliable cash flow.
  • Sectors impacted include shipping, energy transportation, and financial markets focusing on dividend-yielding stocks.

36% increase compared to 2025
Total dividends to be paid exceed $1 billion since NYSE stock listing

ATHENS, Greece, June 15, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified tanker and LNG operator, today announced that following the Company’s 2026 Annual General Meeting, its Board of Directors has declared the distribution of its second semi-annual dividend to common shareholders.

The dividend will be $1.00 per share, payable on July 30, 2026, to shareholders of record as of the close of business on July 23, 2026. This dividend, together with the first semi-annual dividend payment of $0.50 in February 2026, marks a 36% increase compared to 2025. With this payment, TEN will have distributed over $1 billion in cumulative uninterrupted common and preferred share dividends since its New York listing in 2002.

ABOUT TSAKOS ENERGY NAVIGATION
Founded in 1993 and celebrating 33 years as a public company, TEN is one of the first and most established public shipping companies in the world. TEN's diversified pro-forma energy fleet currently consists of 83 vessels, totaling approx. 11 million dwt.

ABOUT FORWARD-LOOKING STATEMENTS
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 :

Company
Tsakos Energy Navigation Ltd.
George Saroglou
President & COO
+30210 94 07 710
[email protected]

Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Markella Kara
+212 661 7566
[email protected]


Risks

  • Forward-looking statements indicate risks and uncertainties that could affect actual results, including market volatility affecting shipping demand and rates.
  • The energy transportation sector is sensitive to global economic conditions and energy demand fluctuations which could impact TEN's future profitability.
  • Potential operational or regulatory challenges in the shipping industry could affect dividend sustainability and company performance.

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