Tsakos Energy Navigation Dividend
Dividend criteria checks 2/6
Tsakos Energy Navigation is a dividend paying company with a current yield of 3.22% that is well covered by earnings.
Key information
3.2%
Dividend yield
4%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$11.50 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TNP.PRD's dividend payments have been volatile in the past 10 years.
Growing Dividend: TNP.PRD's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tsakos Energy Navigation Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TNP.PRD) | 3.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (TNP.PRD) | 1.6% |
Notable Dividend: TNP.PRD's dividend (3.22%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: TNP.PRD's dividend (3.22%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.2%), TNP.PRD's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TNP.PRD is paying a dividend but the company has no free cash flows.