Tsakos Energy Navigation Ltd Common Shares (TNP) Dividends

Tsakos Energy Navigation Ltd Common Shares (TNP): $24.53

0.76 (-3.01%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Shipping

Industry

A

Ranked

#21 of 42

in industry

Dividend Yield and Dividend History Highlights

  • Regarding free cash flow variation: TNP reports less variability in its cash flow than 3.63% of dividend stocks in our set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with TNP's price: NVS, HLI, NXRT, MDRR and STE.
TNP Ex-Dividend Date
TNP Dividend Yield
2.39%
TNP Annual Dividend
$0.60
TNP Payout Ratio

TNP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$24.53$14.96 66.2%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Tsakos Energy Navigation Ltd, the dividend discount model StockNews created for the company implies a positive return of 66.2%. To help understand and contextualize the model's evaluation of TNP, investors may wish to consider are:

  • In comparison to stocks we observe that provide shareholders with a dividend, Tsakos Energy Navigation Ltd produces a dividend yield 1.11% -- which falls in the bottom 19.07%.
  • Beta tells us how volatile a stock's price is relative to the broader equity index; as for TNP, approximately 73.91% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
  • In comparison to its fellow dividend issuing stocks in the Energy sector, Tsakos Energy Navigation Ltd has an equity discount rate lower than only 12.38% of them.


TNP Dividend History

Ex-Dividend Date Type Payout Amount Change
2023-12-13Dividend$0.30-57.14%
2023-10-19Dividend$0.70+133.33%
2023-06-08Dividend$0.30+100.00%
2022-12-13Dividend$0.15+50.00%
2022-07-13Dividend$0.10--
2021-07-13Dividend$0.10-20.00%
2020-12-15Dividend$0.13-65.79%
2020-07-01Split1-5-for-1 Stock SplitN/A
2020-06-19Dividend$0.38+650.00%
2019-12-11Dividend$0.05--
2019-05-23Dividend$0.05--
2018-11-29Dividend$0.05--
2018-08-01Dividend$0.05--
2018-05-02Dividend$0.05--
2017-12-20Dividend$0.05--
2017-11-08Dividend$0.05--
2017-07-07Dividend$0.05--
2017-04-21Dividend$0.05--
2016-12-14Dividend$0.05-37.50%
2016-11-02Dividend$0.08--
2016-08-01Dividend$0.08--
2016-03-28Dividend$0.08+33.33%
2015-12-07Dividend$0.06--
2015-09-01Dividend$0.06--
2015-05-19Dividend$0.06--
2015-02-10Dividend$0.06+20.00%
2014-11-19Dividend$0.05--
2014-08-07Dividend$0.05--
2014-05-15Dividend$0.05--
2013-12-10Dividend$0.05--
2013-09-05Dividend$0.05--
2013-05-28Dividend$0.05--
2012-12-12Dividend$0.05-66.67%
2012-09-05Dividend$0.15--
2012-05-17Dividend$0.15--
2012-02-07Dividend$0.15--
2011-11-22Dividend$0.15--
2011-08-02Dividend$0.15--
2011-04-19Dividend$0.15--
2011-01-21Dividend$0.15--
2010-10-20Dividend$0.15--
2010-07-08Dividend$0.15-50.00%
2010-04-21Dividend$0.30--
2009-10-20Dividend$0.30-64.71%
2009-04-22Dividend$0.85-5.56%
2008-10-21Dividend$0.90--
2008-04-22Dividend$0.90+9.09%
2007-11-15Split2-1-for-1 Stock SplitN/A
2007-10-18Dividend$1.65+10.00%
2007-04-12Dividend$1.50+20.00%
2006-10-18Dividend$1.25+13.64%
2006-04-11Dividend$1.10+10.00%
2005-10-18Dividend$1.00+5.26%
2005-04-13Dividend$0.95+35.71%
2004-10-18Dividend$0.70+40.00%
2004-04-13Dividend$0.50--
2003-10-15Dividend$0.50+150.00%
2003-04-10Dividend$0.20-60.00%
2002-10-11Dividend$0.50--


TNP Dividends vs. Peers

TNP's dividend yield currently ranks #27 of 62 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 SALT Scorpio Bulkers Inc. 0.00%
2 NM Navios Maritime Holdings Inc. 0.00%
3 SBLK Star Bulk Carriers Corp. 0.00%
4 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
5 OP OceanPal Inc. 0.00%
6 OSGB Overseas Shipholding Group Inc 0.00%
7 SB Safe Bulkers Inc. 0.00%
8 EDRY EuroDry Ltd. 0.00%
9 DLNG Dynagas LNG Partners LP 0.00%
10 NMM Navios Maritime Partners L.P. 0.00%
11 NNA Navios Maritime Acquisition Corporation Common stock 0.00%
12 TGH Textainer Group Holdings Ltd. 0.00%
13 EGLE Eagle Bulk Shipping Inc. 0.00%
14 TK Teekay Corporation 0.00%
15 GASS StealthGas, Inc. - common stock 0.00%
16 SFL Ship Finance International Limited 0.00%
17 DSX Diana Shipping inc. common stock 0.00%
18 SHIP Seanergy Maritime Holdings Corp 0.00%
19 AMKBY A.P. Moeller-Maersk A/S ADR 0.00%
20 OSG Overseas Shipholding Group, Inc. 0.00%
21 CPLP Capital Product Partners L.P. 0.00%
22 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%
23 TOPS TOP Ships Inc. 0.00%
24 INSW International Seaways, Inc. 0.00%
25 KEX Kirby Corporation 0.00%
26 TNK Teekay Tankers Ltd. 0.00%
27 TNP Tsakos Energy Navigation Ltd Common Shares 0.00%
28 CMRE Costamare Inc. 0.00%
29 CRU Crude Carriers Corporation 0.00%
30 SINO Sino-Global Shipping America, Ltd. 0.00%
31 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
32 GLBS Globus Maritime Limited 0.00%
33 DSS Document Security Systems, Inc. 0.00%
34 NVGS Navigator Holdings Ltd. 0.00%
35 GLNG Golar LNG Limited 0.00%
36 ESEA Euroseas Ltd. 0.00%
37 NMCI Navios Maritime Containers L.P. 0.00%
38 KNOP Knot Offshore Partners LP 0.00%
39 GOGL Golden Ocean Group Limited 0.00%
40 TRTN Triton International Ltd. 0.00%
41 TRMD TORM plc 0.00%
42 NPNYY Nippon Yusen 0.00%
43 SSW Seaspan Corporation Seaspan Corporation Common Shares 0.00%
44 ASC Ardmore Shipping Corporation 0.00%
45 CAI CAI International, Inc. 0.00%
46 PANL Pangaea Logistics Solutions Ltd. 0.00%
47 GNK Genco Shipping & Trading Ltd. 0.00%
48 GLOG GasLog Ltd. Common Shares 0.00%
49 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.00%
50 LPG Dorian LPG Ltd. 0.00%
51 NAT Nordic American Tankers Limited 0.00%
52 GNRT Gener8 Maritime, Inc. 0.00%
53 DAC Danaos Corporation 0.00%
54 PXS Pyxis Tankers Inc. 0.00%
55 GRIN Grindrod Shipping Holdings Ltd. 0.00%
56 SFWL Shengfeng Development Ltd. 0.00%
57 HSHP Himalaya Shipping Ltd. 0.00%
58 MATX Matson, Inc. 0.00%
59 DRYS DryShips Inc. 0.00%
60 PSHG Performance Shipping Inc 0.00%
61 CTRM Castor Maritime Inc. 0.00%
62 GSL Global Ship Lease Inc. Cl A 0.00%

Looking for More Information on TNP dividends?

Here are a few links from around the web to help you further your research on Tsakos Energy Navigation Ltd and its dividends:

Tsakos Energy Navigation Ltd Common Stock (TNP) Dividend History | Nasdaq
Dividend History for Tsakos Energy Navigation Ltd (TNP) - Dividend Investor
Tsakos Energy Navigation Ltd (TNP) Dividend History - Seeking Alpha

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