Tsakos Energy Navigation (TEN) Declares $0.50 Dividend — Ex-Dividend Feb 11

Tsakos Energy Navigation (TEN) announced a $0.50 dividend; ex-dividend & record date Feb 11, pay date Feb 19. Reported 399% yield — verify filings and risks.

Tsakos Energy Navigation Ltd (NYSE: TEN) announced a dividend on Thursday, November 20. Stockholders of record on Wednesday, February 11 will receive a dividend of $0.50 per share on Thursday, February 19. The company set the ex-dividend date for Wednesday, February 11, making shares traded on or after that date ineligible for this payout.

The announcement included an unusually high dividend yield figure of 399.0% as reported. Such an extreme yield is often the result of a temporary drop in share price, a special one-time distribution, or a reporting anomaly. Investors should treat the reported 399% yield with caution and confirm the calculations and context in the company’s official filings or press release.

Understanding the key dates is important for dividend investors. The ex-dividend date determines who qualifies for the dividend: buyers of the stock before the ex-dividend date will be entitled to the payout, while buyers on or after that date will not. The record date is the cutoff when the company reviews its shareholder register to identify who will be paid. The pay date is when the dividend funds are actually distributed to eligible shareholders.

For holders of TEN shares, the $0.50 per-share dividend and the Feb 19 distribution date are straightforward, but the reported yield’s scale suggests extra diligence. Check Tsakos Energy Navigation’s SEC filings, the company’s investor relations announcements, and market data providers for confirmation and any additional notes about whether this is a regular dividend, a special distribution, or subject to corporate adjustments.

Dividend news can affect stock price and investor sentiment. Some investors seek high-yield stocks for income, while others view unexpected high yields as a red flag requiring deeper analysis. Before making investment decisions based on TEN’s dividend, consider reviewing the company’s financial health, cash flow, and recent operational performance.

This article is informational and not financial advice. Investors should verify the dividend details with official Tsakos Energy Navigation communications and consult a qualified financial advisor to determine how this announcement fits individual investment goals and risk tolerance.

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