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TNP update ERThe Company will pay an annual dividend of $0.60 per common share, 50% of which will be paid in June 2023 and 50% in December 2023. This will bring the total dividend amount paid since the NYSE listing in 2002 to over $500 million. During the fourth quarter of 2022, the Company issued 569,207 common shares through its ATM program for net proceeds of $10.4 million. As of December 31, 2022, there were outstanding 29,505,603 common shares and 15,010,155 NYSE-listed preferred shares. My question is does this announcement of the 2023 common share dividend require the preferred payments for ENTIRE year 2023.?? Best Rgds; R |
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