Tsakos Energy Navigation Limited
TENEnergy · Stock · semiannual payer
Forward Yield
5.32%
Annual Dividend
$2.00
Payout Ratio
26%
5-Yr Growth
19.1%
Ex-Date
Jul 23, 2026
Frequency
Semiannual
Summary
As of July 2026, Tsakos Energy Navigation Limited (TEN) yields 5.32% ($2.00 per share annually), with a blended fair-value estimate of $35.22 — -6% downside, so it screens as fairly valued. Dividend safety grade: C (52/100).
Is TEN a good dividend stock?
MixedTsakos Energy Navigation Limited (TEN) pays a semiannual dividend yielding 5.32% ($2.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (26%)
- Strong 19.1% 5-yr dividend growth
- 395% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 5.32%
- Payout Ratio
- 26%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 19.1%
- Ex-Dividend Date
- Jul 23, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- -0.27
- Market Cap
- $1.1B
- P/E Ratio
- 6.1
- 5-Yr Total Return
- 395%
- 52-Week Range
- $18.80 – $45.85
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
TEN Price — Last 12 Months
Daily close
Price Return
1 Year
+69%
3 Years
+86%
5 Years
+395%
52-Week Range
$18.80 – $45.85
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TEN worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Tsakos Energy Navigation Limited is $35.22 per share, versus a market price of $37.62. That implies the stock is roughly fairly priced.
Fair Value
$35.22
Current Price
$37.62
Gap
-6%
Margin of Safety
-7%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $6.13 EPS, $2.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TEN Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 14, 2025 | — | $0.6000 | regular |
| Dec 16, 2024 | — | $0.9000 | regular |
| Jul 12, 2024 | — | $0.6000 | regular |
| Dec 13, 2023 | — | $0.3000 | regular |
| Oct 19, 2023 | — | $0.4000 | regular |
| Jun 8, 2023 | — | $0.3000 | regular |
| Dec 13, 2022 | — | $0.1500 | regular |
| Jul 13, 2022 | — | $0.1000 | regular |
| Jul 13, 2021 | — | $0.1000 | regular |
| Dec 15, 2020 | — | $0.1250 | regular |
| Jun 19, 2020 | — | $0.3750 | regular |
| Dec 11, 2019 | — | $0.2500 | regular |
| May 23, 2019 | — | $0.2500 | regular |
| Nov 29, 2018 | — | $0.2500 | regular |
Income Calculator
At $2.00 / yr per share
