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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. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.

Tsakos Energy Navigation Dividend Announcement

Tsakos Energy Navigation announced a quarterly dividend of $0.60 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-12
Tsakos Energy Navigation annual dividend for 2024 was $0.60
Tsakos Energy Navigation annual dividend for 2023 was $1.00
Tsakos Energy Navigation's trailing twelve-month (TTM) dividend yield is 3.07%
Tsakos Energy Navigation's dividend growth over the last five years (2018-2023) was 46.14% year
Tsakos Energy Navigation's dividend growth over the last ten years (2013-2023) was 20.89% year

Tsakos Energy Navigation Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-12$0.60quarterly2024-07-18
2023-12-13$0.30quarterly2023-12-20
2023-10-19$0.40quarterly2023-10-26
2023-06-08$0.30quarterly2023-06-15
2022-12-13$0.15quarterly2022-12-20
2022-07-13$0.10quarterly2022-07-20
2021-07-13$0.10quarterly2021-07-20
2020-12-15$0.12quarterly2020-12-22
2020-06-19$0.07quarterly2020-06-26
2019-12-11$0.05quarterly2019-12-18
2018-11-29$0.05quarterly2018-12-06
2018-08-01$0.05quarterly2018-08-08
2018-05-02$0.05quarterly2018-05-10
2017-12-20$0.05quarterly2017-12-29
2017-11-08$0.05quarterly2017-11-15
2017-07-07$0.05quarterly2017-07-14
2017-04-21$0.05quarterly2017-04-28
2016-12-14$0.05quarterly2016-12-22
2016-11-02$0.08quarterly2016-11-10
2016-08-01$0.08quarterly2016-08-10
2016-03-28$0.08quarterly2016-04-07
2015-12-07$0.06quarterly2015-12-15
2015-09-01$0.06quarterly2015-09-10
2015-05-19$0.06quarterly2015-05-28
2015-02-10$0.06quarterly2015-02-19
2014-11-19$0.05quarterly2014-11-25
2014-08-07$0.05quarterly2014-08-14
2014-05-15$0.05quarterly2014-05-22
2013-12-10$0.05quarterly2013-12-17
2013-09-05$0.05quarterly2013-09-12
2013-05-28$0.05quarterly2013-06-05

Tsakos Energy Navigation Dividend per year

Tsakos Energy Navigation Dividend growth

Tsakos Energy Navigation Dividend Yield

Tsakos Energy Navigation current trailing twelve-month (TTM) dividend yield is 3.07%. Interested in purchasing Tsakos Energy Navigation stock? Use our calculator to estimate your expected dividend yield:

Tsakos Energy Navigation Financial Ratios

P/E ratio5.05
PEG ratio-1.41
P/B ratio0.51
ROE10.58%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Tsakos Energy Navigation Dividend FAQ

How much is the next Tsakos Energy Navigation dividend?
Tsakos Energy Navigation's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tsakos Energy Navigation dividend. The next Tsakos Energy Navigation dividend will be released in June, October, or December.
When is Tsakos Energy Navigation dividend paid?
Tsakos Energy Navigation pays dividends on a quarterly basis. The specific dates may vary each year but are generally around June, October, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tsakos Energy Navigation pay?
The specific amount of Tsakos Energy Navigation dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tsakos Energy Navigation's dividend history.
Does Tsakos Energy Navigation stock pay dividends?
Yes, Tsakos Energy Navigation does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tsakos Energy Navigation's dividend history.
How much dividend does Tsakos Energy Navigation pay?
Tsakos Energy Navigation paid $0.6 in 2024, $1.0 in 2023, $0.25 in 2022, $0.1 in 2021, and $0.2 in 2020.
How often does Tsakos Energy Navigation pay dividends?
Tsakos Energy Navigation typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around June, October, and December.
What is Tsakos Energy Navigation's dividend yield?
The current dividend yield for Tsakos Energy Navigation is 3.07%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tsakos Energy Navigation's exact dividend yield.
When does Tsakos Energy Navigation go ex dividend?
Tsakos Energy Navigation's ex-dividend date for the latest dividend was on 2024-07-12. Tsakos Energy Navigation typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tsakos Energy Navigation dividend paid?
Tsakos Energy Navigation pays dividends on a quarterly basis, typically around June, October, or December, but the exact dates can vary each year.
Will Tsakos Energy Navigation increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tsakos Energy Navigation will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tsakos Energy Navigation dividend per share?
Tsakos Energy Navigation paid $0.6 per share in 2024 and $1.0 per share in 2023. The amount of dividend per share that Tsakos Energy Navigation pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tsakos Energy Navigation a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tsakos Energy Navigation a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tsakos Energy Navigation a dividend stock?
Yes, Tsakos Energy Navigation is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tsakos Energy Navigation a good dividend stock?
Whether Tsakos Energy Navigation is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tsakos Energy Navigation has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tsakos Energy Navigation as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Tsakos Energy Navigation pay dividends monthly?
Tsakos Energy Navigation typically pays dividends on a quarterly basis.
Does Tsakos Energy Navigation pay dividends quarterly?
Tsakos Energy Navigation currently pays dividends on a quarterly basis.
Has Tsakos Energy Navigation ever paid a dividend?
Yes, Tsakos Energy Navigation has a history of paying dividends to its shareholders. Tsakos Energy Navigation is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tsakos Energy Navigation dividend stocks?
To buy Tsakos Energy Navigation you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Tsakos Energy Navigation stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tsakos Energy Navigation pay dividends 2024?
Tsakos Energy Navigation pays dividends on a quarterly basis. 2024 dividend payments are in 2024-07-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tsakos Energy Navigation increase its dividend in 2024?
Decisions regarding Tsakos Energy Navigation dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tsakos Energy Navigation dividend overview you can look into the above table of dividend history.
How Tsakos Energy Navigation dividend works?
The Tsakos Energy Navigation dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tsakos Energy Navigation's dividend process works:

1. Determination of Dividend: Tsakos Energy Navigation's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Tsakos Energy Navigation publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Tsakos Energy Navigation distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Tsakos Energy Navigation are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Tsakos Energy Navigation dividends paid?
Tsakos Energy Navigation dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Tsakos Energy Navigation sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Tsakos Energy Navigation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Tsakos Energy Navigation declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Tsakos Energy Navigation pay dividends?
Tsakos Energy Navigation typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tsakos Energy Navigation pay dividends?
The general pattern is that Tsakos Energy Navigation pays dividends around June, October, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tsakos Energy Navigation dividend safe?
The safety of Tsakos Energy Navigation's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Tsakos Energy Navigation's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Tsakos Energy Navigation's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.