Pyxis Tankers Declares Monthly Preferred Dividend

Ticker: PXS · Form: 6-K · Filed: 2024-09-03T00:00:00.000Z

Sentiment: neutral

Topics: dividend, preferred-stock, monthly-payment

Related Tickers: PYXS

TL;DR

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

AI Summary

Pyxis Tankers Inc. announced on September 3, 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 September 2024 and will be paid on September 20, 2024, to shareholders of record as of September 13, 2024.

Why It Matters

This dividend payment provides a consistent income stream to holders of Pyxis Tankers' preferred stock, reflecting the company's ability to generate cash flow.

Risk Assessment

Risk Level: low — The filing is a routine dividend declaration for preferred stock, not indicating significant new risks or changes in the company's operations.

Key Numbers

Key Players & Entities

FAQ

What is the specific dividend amount per share for the preferred stock?

The dividend is $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.

What is the payment date for this dividend?

The cash dividend will be payable on September 20, 2024.

What is the record date to be eligible for this dividend payment?

Holders of record as of September 13, 2024, will receive the dividend.

Is this a dividend for common stock or preferred stock?

This is a dividend for the Company's 7.75% Series A Cumulative Convertible Preferred Stock.

Filing Stats: 201 words · 1 min read · ~1 pages · Grade level 9.5 · Accepted 2024-09-03 08:00:24

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: September 3, 2024 By: /s/ Henry Williams Henry Williams Chief Financial Officer

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