Tsakos Energy Navigation Dividend
Dividend criteria checks 4/6
Tsakos Energy Navigation is a dividend paying company with a current yield of 7.22% that is well covered by earnings. Next payment date is on 30th October, 2024 with an ex-dividend date of 25th October, 2024.
Key information
7.2%
Dividend yield
16%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 30 Oct 24 |
| Ex dividend date | 25 Oct 24 |
| Dividend per share | US$1.800 |
| Earnings per share | US$5.66 |
| Dividend yield forecast | 7.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TEN.PRF's dividend payments have been volatile in the past 10 years.
Growing Dividend: TEN.PRF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tsakos Energy Navigation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TEN.PRF) | 7.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast (TEN.PRF) (up to 3 years) | 7.2% |
Notable Dividend: TEN.PRF's dividend (7.22%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: TEN.PRF's dividend (7.22%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.9%), TEN.PRF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TEN.PRF is paying a dividend but the company has no free cash flows.