TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares

Company Overview - TEN Ltd. is a leading diversified crude, product, and LNG tanker operator, founded in 1993 and celebrating 32 years as a public company [5] - The company operates a fleet of 82 vessels, including various types of tankers, totaling 10.1 million deadweight tons (dwt) [5] Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares [1] - This dividend is for the period from February 28, 2025, to May 27, 2025, and will be paid on May 28, 2025, to holders of record as of May 22, 2025 [2][3] - This marks the 33rd dividend on the Series E Preferred Shares since their trading commenced on the New York Stock Exchange [3] Share Information - As of the date of the press release, there are 4,745,947 Series E Preferred Shares outstanding [4]