Tsakos Energy Navigation (TNP) Declares $0.06 Quarterly Dividend; 2.5% Yield
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Tsakos Energy Navigation Reports Highest Second Quarter and Half-Year 2015 Net Income in Seven Years and Declares Dividend
July 31, 2015 8:02 AM EDTATHENS, GREECE -- (Marketwired) -- 07/31/15 -- Tsakos Energy Navigation Limited (TEN) (NYSE: TNP)
SIX MONTHS AND RECENT HIGHLIGHTS
Net income in the second quarter 2015 of $41.3 million ($0.45 per basic and diluted share) compared to $0.2 million in second quarter 2014. Net income for the first six months 2015 of $78.6 million ($0.86 per basic and diluted share) compared to $14.8 million for the first six months of 2014. EBITDA of $76.4 million for the second quarter 2015 against $34.1 million in the 2014 second quarter, a 124% year-on-year increase EBITDA of $148.0 million for the first six months of 2015 against... More