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Tsakos Energy Navigation (TNP) Dividend Yield, Date & History

Tsakos Energy Navigation logo

Tsakos Energy Navigation Dividend Summary

Dividend Yield
4.04%
Annual Dividend
$0.60
Recent
Dividend Payment
Jul. 18
Annualized 3-Year
Dividend Growth
68.69%
Dividend Payout Ratio
12.17%

Tsakos Energy Navigation (TNP) pays an annual dividend of $0.60 per share, with a dividend yield of . The next annually payment of $0.60 per share was paid on Thursday, July 18, to investors who owned the stock before the ex-dividend date of Friday, July 12. The company currently pays out 12.17% of its earnings as dividends.

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TNP Dividend Payments by Quarter

The chart below displays up to four years of Tsakos Energy Navigation's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TNP Dividend Yield Over Time

The chart below tracks Tsakos Energy Navigation's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Tsakos Energy Navigation vs. The Competition

Compare Tsakos Energy Navigation's annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeTsakos Energy NavigationTransportation CompaniesNYSE Companies
Annual Dividend$0.60$0.01$1.39
Dividend Yield2.05%4.46%3.61%
Annualized 3-Year Dividend Growth68.69%26.12%15.78%

Tsakos Energy Navigation Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings12.17%
Based on This Year's Estimate6.47%
Based on Next Year's Estimate6.06%

Tsakos Energy Navigation Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
6/20/2024Semi-Annual$0.60+$0.30
100.00%
4.2%7/12/20247/12/20247/18/2024
11/21/2023semi-annual$0.30-$0.40
57.14%
2.9%12/13/202312/14/202312/20/2023
9/7/2023Semi-Annual$0.70+$0.40
133.33%
3%10/19/202310/20/202310/26/2023
5/30/2023Semi-Annual$0.30+$0.15
100.00%
1.8%6/8/20236/9/20236/15/2023

This table shows Tsakos Energy Navigation's annuallydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Tsakos Energy Navigation Dividend - Frequently Asked Questions

The current dividend yield for Tsakos Energy Navigation is 4.04%. Learn more on TNP's dividend yield history.

The annual dividend for TNP shares is $0.60. Learn more on TNP's annual dividend history.

Tsakos Energy Navigation pays annually dividends to shareholders.

Tsakos Energy Navigation's most recent annually dividend payment of $0.60 per share was made to shareholders on Thursday, July 18, 2024.

Tsakos Energy Navigation's most recent ex-dividend date was Friday, July 12, 2024.

Over the past three years, the company's dividend has grown by an average of 68.69% per year.

The most recent change in the company's dividend was an increase of $0.30 on Thursday, June 20, 2024.

The dividend payout ratio for TNP is:
  • 12.17% based on the trailing year of earnings
  • 6.47% based on this year's estimates
  • 6.06% based on next year's estimates

Tsakos Energy Navigation's dividend yield of 2.05% is lower than the average Transportation company that issues a dividend. Tsakos Energy Navigation's dividend payout ratio of 12.17% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Tsakos Energy Navigation stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NYSE:TNP) was last updated on 12/21/2024 by MarketBeat.com Staff
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