TOPS - Dividend announcements

ATHENS, Greece, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company" or "Top Ships") (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has entered into five sale and leaseback financing agreements (the "Financing Agreements") with three major Chinese financiers for the refinancing of two 157,000 dwt Suezmax tankers, the M/Ts Eco West Coast and Eco Malibu (already concluded), two 300,000 dwt VLCC tankers, the M/Ts Julius Caesar and Legio X Equestris (already concluded) and one 50,000 dwt MR product tanker, the M/T Eco Marina Del Ray (expected to be concluded between March and May of 2024). The proceeds afte

ATHENS, Greece, Aug. 03, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today its unaudited financial results for the six months ended June 30, 2023. As of and for six months ended June 30, 2023, the Company reported: Total revenues of $41.1 millionNet Income of $5.8 millionEarnings Per Share ("EPS") of $0.13 and diluted EPS of $0.10EBITDA* of $23.4 millionTotal Assets of $446.2 millionTotal Cash and Cash Equivalents including Restricted Cash of $13.6 million Mr. Evangelos J. Pistiolis, the President, Chief Executive Officer and Director of the Company, remarked: "We are delighted to

ATHENS, Greece, March 01, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today its unaudited financial results for the year ended December 31, 2022. As of and for the year ended December 31, 2022, the Company reported: Total revenues of $80.7 million (43% increase from the year ended December 31, 2021)Net Income of $18.9 million (120% increase from the year ended December 31, 2021)EBITDA* of $46.6 million (100% increase from the year ended December 31, 2021)Total Assets of $469.3 million (42% increase from December 31, 2021)Total Cash and cash equivalents including Restricted Cash of $

ATHENS, Greece, Sept. 28, 2022 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today its unaudited financial results for six months ended June 30, 2022. For the six months ended June 30, 2022, the Company reported: Total revenues of $38.8 million (53% increase from 1st half 2021)Net Income of $8.6 million (412% increase from 1st half 2021)Adjusted EBITDA of $26.9 million* (88% increase from 1st half 2021)Total Assets of $475.4 million (44% increase from December 31, 2021) Evangelos Pistiolis, the President, Chief Executive Officer and Director of the Company, said: "We are very happy to re

ATHENS, Greece, March 14, 2022 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today its unaudited financial results for the year ended December 31, 2021. For the year ended December 31, 2021, the Company reported: Total revenues of $56.4 millionNet Income of $8.6 millionEarnings per share of $0.14Adjusted EBITDA of $35.2 million*Total Assets of $330.8 million Evangelos Pistiolis, the President, Chief Executive Officer and Director of the Company, said: "We are very happy to report record net income for the year ended December 31, 2021, which is the highest

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today the delivery of the very high-specification, scrubber-fitted, 300,000 dwt newbuilding Very Large Crude Carrier (VLCC) vessel M/T Julius Caesar constructed at the Hyundai Heavy Industries shipyard in South Korea. The vessel has commenced its previously announced time charter employment with a major oil trader for three years with two yearly extensions at the charterer's option. The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $68.8 million. For 2022 alone

ATHENS, Greece, Sept. 09, 2021 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today its unaudited financial results for the six months ended June 30, 2021. For the six months ended June 30, 2021, the Company reported: Total revenues of $25.3 millionNet Income of $1.7 millionAdjusted EBITDA of $14.3 million*Total Assets of $353.1 million Evangelos Pistiolis, the President, Chief Executive Officer and Director of the Company, said: "2021 has been another transformative year for the company. We completed the sale of all our non-scrubber fitted vessels and expanded our Crude O