Pyxis Tankers Declares Monthly Preferred Dividend
Ticker: PXS · Form: 6-K · Filed: May 31, 2024 · CIK: 1640043
| Field | Detail |
|---|---|
| Company | Pyxis Tankers Inc. (PXS) |
| Form Type | 6-K |
| Filed Date | May 31, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0.1615, $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, preferred-stock, monthly-payment
Related Tickers: PYX
TL;DR
PYX paying $0.1615/share preferred dividend June 20th.
AI Summary
Pyxis Tankers Inc. announced on May 31, 2024, that its board of directors has declared a monthly dividend of $0.1615 per share for its 7.75% Series A Cumulative Convertible Preferred Stock. This dividend is for the month of June 2024 and will be paid on June 20, 2024, to shareholders of record as of June 13, 2024.
Why It Matters
This dividend declaration provides income to preferred shareholders and signals the company's continued ability to meet its financial obligations.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration for preferred stock, which is a standard corporate action.
Key Numbers
- $0.1615 — Monthly Preferred Dividend (This is the cash dividend per share for the 7.75% Series A Cumulative Convertible Preferred Stock for June 2024.)
Key Players & Entities
- Pyxis Tankers Inc. (company) — The company declaring the dividend.
- $0.1615 (dollar_amount) — The amount of the monthly dividend per share.
- 7.75% Series A Cumulative Convertible Preferred Stock (company) — The specific class of stock receiving the dividend.
- June 20, 2024 (date) — The payment date for the dividend.
- June 13, 2024 (date) — The record date for dividend eligibility.
FAQ
What is the total amount of the dividend payment for June 2024?
The filing does not specify the total number of preferred shares outstanding, so the total dividend payment amount cannot be calculated from this report.
Is this dividend for common or preferred stock?
This dividend is specifically for the 7.75% Series A Cumulative Convertible Preferred Stock.
When will the dividend be paid?
The cash dividend will be payable on June 20, 2024.
Who is eligible to receive this dividend?
Holders of record of the 7.75% Series A Cumulative Convertible Preferred Stock as of June 13, 2024, are eligible to receive the dividend.
What is the annual dividend rate for this preferred stock?
The preferred stock has a stated annual dividend rate of 7.75%, and the monthly dividend declared is $0.1615 per share.
Filing Stats: 201 words · 1 min read · ~1 pages · Grade level 8.9 · Accepted 2024-05-31 08:00:23
Key Financial Figures
- $0.1615 — uo;) has declared a monthly dividend of $0.1615 per share on the Company’s 7.75%
- $0.001 — Convertible Preferred Stock, par value $0.001 per share, for the month of June, 2024.
Filing Documents
- form6-k.htm (6-K) — 14KB
- 0001493152-24-022081.txt ( ) — 15KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. PYXIS TANKERS INC. Dated: May 31, 2024 By: /s/ Henry Williams Henry Williams Chief Financial Officer