Tsakos Energy Navigation (TNP) Declares $0.05 Quarterly Dividend; 4.4% Yield
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TEN Ltd. Reports Six Months and Second Quarter 2017 Profits and Declares New Dividend of $0.05 Per Share
September 15, 2017 8:30 AM EDTATHENS, GREECE -- (Marketwired) -- 09/15/17 -- RECENT HIGHLIGHTS
EBITDA of $115.4 million for the first six months of 2017 and $53.7 million for the second quarter of 2017 Net income of $21.1 million for the first six months of 2017 and $3.6 million for the second quarter of 2017 Average time charter rate per vessel per day at $20,038 for first six months 2017 A further 3% reduction in daily vessel operating expenses to $7,729 for first six months of 2017 Continuous high fleet utilization at 96.8% for first six months of 2017 22 new charters since January 2017 - Results in more than 75% long term coverage... More