Pyxis Tankers Declares Monthly Preferred Stock Dividend
Ticker: PXS · Form: 6-K · Filed: 2024-05-01T00:00:00.000Z
Sentiment: neutral
Topics: dividend, preferred-stock, monthly-dividend
Related Tickers: PYX
TL;DR
PYX paying $0.1615/share preferred dividend May 20th, record date May 13th.
AI Summary
Pyxis Tankers Inc. announced on May 1, 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 May 2024 and will be paid on May 20, 2024, to shareholders of record as of May 13, 2024.
Why It Matters
This dividend payment provides a regular income stream to preferred shareholders, reflecting the company's financial stability and commitment to returning value to investors.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which is a standard corporate action with predictable financial implications.
Key Numbers
- $0.1615 — Monthly Dividend per Share (For 7.75% Series A Cumulative Convertible Preferred Stock)
Key Players & Entities
- Pyxis Tankers Inc. (company) — Registrant
- $0.1615 (dollar_amount) — Monthly dividend per share
- 7.75% Series A Cumulative Convertible Preferred Stock (company) — Type of stock receiving dividend
- May 20, 2024 (date) — Dividend payment date
- May 13, 2024 (date) — Record date for dividend
FAQ
What is the amount of the monthly dividend declared by Pyxis Tankers Inc.?
The company declared a monthly dividend of $0.1615 per share.
What class of stock is receiving this dividend?
The dividend is for the 7.75% Series A Cumulative Convertible Preferred Stock.
On what date will the dividend be paid?
The cash dividend will be payable on May 20, 2024.
Who are the eligible recipients for this dividend payment?
Holders of record as of May 13, 2024, are eligible to receive the dividend.
What is the purpose of this Form 6-K filing?
This Form 6-K is a Report of Foreign Private Issuer providing information about the declared monthly dividend.
Filing Stats: 201 words · 1 min read · ~1 pages · Grade level 8.9 · Accepted 2024-05-01 07:52:27
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 May 2024. T
Filing Documents
- form6-k.htm (6-K) — 13KB
- 0001493152-24-017353.txt ( ) — 14KB
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 1, 2024 By: /s/ Henry Williams Henry Williams Chief Financial Officer