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Tsakos Energy Navigation Ltd Stock Dividends Overview

TNP pays dividends biannually. Last paid amount was $0.300 at Dec 20, 2023. As of today, dividend yield (TTM) is 6.15%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.15%
Frequency Biannually
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.300
Tsakos Energy Navigation Ltd has not yet announced its next dividend date. Last payment date was: Dec 20, 2023.

TNP Dividend Payout History

To ensure a understanding of TNP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 21, 2023 Dec 13, 2023 Dec 20, 2023 $0.300 1.32%
2 Sep 07, 2023 Oct 19, 2023 Oct 26, 2023 $0.700 3.21%
3 May 30, 2023 Jun 08, 2023 Jun 15, 2023 $0.300 1.62%
4 Nov 22, 2022 Dec 13, 2022 Dec 20, 2022 $0.150 0.89%
5 Jul 01, 2022 Jul 13, 2022 Jul 20, 2022 $0.100 0.90%
6 Mar 24, 2021 Jul 13, 2021 Jul 20, 2021 $0.100 1.32%
7 Nov 23, 2020 Dec 15, 2020 Dec 22, 2020 $0.125 1.50%
8 Mar 24, 2020 Jun 19, 2020 Jun 26, 2020 $0.375 3.93%
9 Nov 26, 2019 Dec 11, 2019 Dec 18, 2019 $0.250 1.27%
10 Sep 07, 2018 Nov 29, 2018 Dec 06, 2018 $0.250 1.52%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (86.07%)

Growth potential

Stable (11.52%)

TNP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TNP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TNP stock here.

Comparing TNP to Sector and Country

TNP pays a solid dividend yield of 6.15%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.39%). TNP’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (11.89%), which means that there are more attractive dividend stocks to consider.

TNP Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
NRP
Natural Resource Partners LP 1.159B $2.44 7.18% 69.88%
TNP
Tsakos Energy Navigation Ltd 747.967M $0.300 6.15% -
GNE
Genie Energy Ltd 424.351M $0.0750 1.73% 53.96%

FAQ

What factors can affect the amount of TNP's dividend payments?
The amount of TNP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TNP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TNP stock be automatically reinvested?
If TNP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TNP stock.

How often does TNP pay dividend?
Tsakos Energy Navigation Ltd (TNP) pays dividends biannually. The most recent payout was on Dec 20, 2023.

How much does TNP pays per share?
The last recorder (Dec 13, 2023) dividend per share was $0.300.

What is TNP dividend growth rate?
Over the last year, Tsakos Energy Navigation Ltd has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 44.22%. Furthermore, examining the past 5 years, Tsakos Energy Navigation Ltd has maintained an average Dividends Per Share Growth Rate of 3.71%.
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About Tsakos Energy Navigation Ltd

Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. As of April 21, 2022, it operated a fleet of 66 double-hull vessels, comprising of 60 conventional tankers, three LNG carriers, and three suezmax DP2 shuttle tankers. ... TNP Profile

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