TEN declares USD 0.59375 dividend for Tsakos Energy Navigation stock

Published on 10/18/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TEN declared USD 0.59375 per Series F share on October 5, 2026. October 30, 2026 is the payment date for Tsakos Energy Navigation stock.

Dividend and operating context

TEN declared USD 0.59375 per Series F preferred share on October 5, 2026.
First-half 2026 net income reached USD 228.1 million, including USD 38.0 million in capital gains.
TEN's fleet consists of 80 vessels totaling 10.4 million deadweight tons.

TEN, BMG9108L1735, Illustration mit AI erstellt.

Tsakos Energy Navigation (ISIN BMG9108L1735) declared a quarterly cash dividend of USD 0.59375 per Series F preferred share on October 5, 2026. GlobeNewswire reported that the payment covers the period through October 29, 2026 and represents the 33rd dividend since the preferred shares began trading.

Dividend dates carry a figure

The declared amount applies to Series F preferred shares rather than the company's common stock. TEN reported 6,747,147 Series F preferred shares outstanding on October 5, 2026, giving the announcement a clearly defined security base. The board set October 27, 2026 as the record date and October 30, 2026 as the payment date, according to GlobeNewswire.

What does the fleet mean?

TEN's operating backdrop is expanding alongside the distribution. In a September 28, 2026 release, GlobeNewswire said the company had a 26-vessel orderbook, with seven vessels already delivered. The release also identified 80 vessels totaling 10.4 million deadweight tons in the pro forma energy fleet.

Three dated operating steps

On September 10, 2026, TEN reported first-half net income of USD 228.1 million, including USD 38.0 million in capital gains, and earnings per share of USD 7.12, according to GlobeNewswire. On September 28, 2026, the company reported the sale of the Panamax tanker Andes and outlined its 26-vessel orderbook. On October 5, 2026, the board declared the USD 0.59375 Series F dividend.

Next dates for preferred holders

The next two dated events are October 27, 2026, the record date, and October 30, 2026, the scheduled payment date. The dividend announcement also stated that quarterly payments are made in arrears when declared by the board.

Fleet renewal remains measurable

The company described five new-technology Panamaxes as part of its fleet program and said seven of the 26 ordered vessels had already been delivered by September 28, 2026. The operating profile therefore combines a defined preferred-share distribution with a vessel pipeline that has both contracted and delivered components. The further course of trading is shown by the continuously updated real-time quote of Tsakos Energy Navigation stock.