Pyxis Tankers Declares Monthly Preferred Dividend

Ticker: PXS · Form: 6-K · Filed: 2024-08-01T00:00:00.000Z

Sentiment: neutral

Topics: dividend, preferred-stock, monthly-payment

Related Tickers: PYXS

TL;DR

PYXS paying $0.1615/share preferred dividend Aug 20th.

AI Summary

Pyxis Tankers Inc. announced on August 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 August 2024 and will be paid on August 20, 2024, to shareholders of record as of August 13, 2024.

Why It Matters

This announcement provides clarity on dividend payments for preferred shareholders, indicating continued cash flow distribution by the company.

Risk Assessment

Risk Level: low — The filing is a routine dividend declaration for preferred stock, with no significant new risks or changes in business operations.

Key Numbers

Key Players & Entities

FAQ

What is the amount of the monthly dividend declared by Pyxis Tankers Inc. for its preferred stock?

The company declared a monthly dividend of $0.1615 per share.

Which series of preferred 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 August 20, 2024.

Who are the shareholders eligible to receive this dividend?

Shareholders of record as of August 13, 2024, are eligible to receive the dividend.

What period does this dividend cover?

This dividend is for the month of August 2024.

Filing Stats: 201 words · 1 min read · ~1 pages · Grade level 9.2 · Accepted 2024-08-01 08:00:15

Key Financial Figures

Filing Documents

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: August 1, 2024 By: /s/ Henry Williams Henry Williams Chief Financial Officer

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