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TEN (Tsakos Energy Navigation) Dividend Yield % : 5.01% (As of Dec. 15, 2024)


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What is Tsakos Energy Navigation Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Tsakos Energy Navigation is 5.01%.

Good Sign:

Tsakos Energy Navigation Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Tsakos Energy Navigation's Dividend Yield % or its related term are showing as below:

TEN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.51   Med: 3.72   Max: 7.43
Current: 5.01

During the past 13 years, the highest Dividend Yield of Tsakos Energy Navigation was 7.43%. The lowest was 0.51%. And the median was 3.72%.

TEN's Dividend Yield % is ranked better than
55.2% of 500 companies
in the Oil & Gas industry
Industry Median: 4.44 vs TEN: 5.01

Tsakos Energy Navigation's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.90.

During the past 13 years, the highest Dividend Payout Ratio of Tsakos Energy Navigation was 0.54. The lowest was 0.04. And the median was 0.23.

As of today (2024-12-15), the Forward Dividend Yield % of Tsakos Energy Navigation is 8.35%.

Tsakos Energy Navigation's Dividends per Share for the three months ended in Sep. 2024 was $0.60.

During the past 12 months, Tsakos Energy Navigation's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -13.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tsakos Energy Navigation was 57.40% per year. The lowest was -53.60% per year. And the median was -20.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Tsakos Energy Navigation Dividend Yield % Historical Data

The historical data trend for Tsakos Energy Navigation's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tsakos Energy Navigation Dividend Yield % Chart

Tsakos Energy Navigation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 4.67 3.11 1.48 2.70

Tsakos Energy Navigation Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 2.70 2.36 2.05 3.59

Competitive Comparison of Tsakos Energy Navigation's Dividend Yield %

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tsakos Energy Navigation's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tsakos Energy Navigation's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tsakos Energy Navigation's Dividend Yield % falls into.



Tsakos Energy Navigation Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tsakos Energy Navigation Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6000002024-07-122024-07-122024-07-18Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tsakos Energy Navigation's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6/17.97
=3.34 %

Current Share Price is $17.97.
Tsakos Energy Navigation's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

Tsakos Energy Navigation's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/17.97
=6.68 %

Current Share Price is $17.97.
Tsakos Energy Navigation's Dividends per Share for the forward twelve months is calculated as $0.6 * 2 = $1.2.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tsakos Energy Navigation  (NYSE:TEN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tsakos Energy Navigation Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Tsakos Energy Navigation's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsakos Energy Navigation Business Description

Address
367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64
Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.