◆ Preferred Stock Research

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TEN-P-E

TSAKOS ENERGY NAVIGATION LTD · Series E · Deep Sea Foreign Transportation Of Freight
Also quoted as: TEN-E, TENprE, TEN.PRE, TEN-PE, TENpE
$26.10
last price

About this security

TEN-P-E is a 9.25% cumulative perpetual preferred stock issued by TSAKOS ENERGY NAVIGATION LTD, a Deep Sea Foreign Transportation Of Freight issuer. $25 liquidation preference, current yield 8.86%, callable from 2027-05-28.

TSAKOS ENERGY NAVIGATION LTD: Tsakos Energy Navigation (TEN), incorporated in 1993 and headquartered in Athens, Greece, provides seaborne crude oil and petroleum product transportation services internationally. The company owns and operates a diversified fleet that includes VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers. It serves national, major, and independent oil companies and refiners under long, medium, and short-term charters. TEN is considered one of the largest independent energy transporters in the world, with notable ice-class capabilities across its fleet.

Issuer page — all TSAKOS ENERGY NAVIGATION LTD securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below

Current Yield
8.86%
Annual Dividend
$2.3125
Recent Market Price
$26.10
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-05-22
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
9.250%
Call Date
2027-05-28
Yield to Call
4.51%
Yield to Worst
4.51%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Floating Rate
3-month LIBOR + 6.881%
Pay Dates
February 28, May 28, August 28, November 28
Shares Offered
4,000,000 +600,000 OA
Issued
2017-03-31
Series
E
Alt. Symbology
TEN-E, TENprE, TEN.PRE, TEN-PE, TENpE

vs. Deep Sea Foreign Transportation Of Freight category (9 issues): yield 8.86% vs avg 8.01% · discount +4.4% vs avg +7.2%

Quote

 TEN-P-E (preferred)TEN (common)
Last $26.10 $38.77
Change
Open$26.00$37.10
High / Low $26.10 / $26.00 $38.80 / $37.01
Prev Close
Volume2,472212,829
52-Week High / Low $27.33 / $25.60 $45.85 / $17.17

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

TEN-P-E TEN (common)

Dividend History

Ex-DateAmount / Share
2026-05-22$0.578125
2026-02-25$0.578125
2025-11-24$0.578125
2025-08-25$0.578125
2025-05-22$0.578125
2025-02-25$0.578125
2024-11-25$0.578125
2024-08-23$0.578125
2024-05-21$0.578125
2024-02-22$0.578125
2023-11-21$0.578125
2023-08-22$0.578125

Performance — $10K Calculator

See what an investment in TEN-P-E would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

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Prospectus (SEC 424B5)

We are offering 4,000,000 of our Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares, par value $1.00 per share, liquidation preference $25.00 per share (the "Series E Preferred Shares").

Full Prospectus (SEC filing) →

Other Securities from TSAKOS ENERGY NAVIGATION LTD

SymbolTypeCouponPriceYield
TEN-P-F preferred 9.500% 27.20 8.73%

News — TSAKOS ENERGY NAVIGATION LTD

Issuer news via Tiingo, tagged to TEN.

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This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

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A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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