
Tsakos Energy Navigation Limited
TENEnergy · Oil & Gas Midstream · Stock · semiannual payer
Forward Yield
3.91%
Annual Dividend
$2.00
Payout Ratio
16%
5-Yr Growth
19.1%
Ex-Date
Jul 23, 2026
Frequency
Semiannual
Key facts about TEN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Tsakos Energy Navigation Limited (TEN) has a forward dividend yield of 3.91%, based on an annual dividend of $2.00 per share and a share price of $51.18.
- As of Oct 18, 2026, TEN's dividend safety grade from SmarterDividends is C (54 out of 100), which rates the dividend as borderline.
- TEN last cut its regular dividend in 2020.
- TEN's most recent ex-dividend date was Jul 23, 2026, for a dividend of $1.00 per share.
- As of Oct 18, 2026, TEN pays out 16% of its trailing 12-month earnings as dividends (its payout ratio).
- TEN's dividend has grown at an average rate of 19.1% a year over the past five years.
- As of Oct 18, 2026, TEN's 3.91% yield is 13% above its five-year average yield of 3.46%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for TEN is $94.79 per share, 85% above the $51.18 share price, so TEN screens as undervalued.
- Tsakos Energy Navigation Limited (TEN) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "TEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/TEN
Summary
As of Oct 18, 2026, Tsakos Energy Navigation Limited (TEN) yields 3.91% ($2.00 a year per share) and has a dividend safety grade of C (54/100).
Is TEN a good dividend stock?
MixedTsakos Energy Navigation Limited (TEN) pays a semiannual dividend yielding 3.91% ($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 (16%)
- Strong 19.1% 5-yr dividend growth
- 604% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 3.91%
- Payout Ratio
- 16%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 19.1%
- Ex-Dividend Date
- Jul 23, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- -0.09
- Market Cap
- $1.5B
- P/E Ratio
- 5.2
- 5-Yr Total Return
- 604%
- 52-Week Range
- $21.65 – $56.73
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2020)
TEN dividend changes
Tsakos Energy Navigation Limited (TEN) pays a variable dividend: across the 61 payments on record since 2002, 19 were higher than the one before and 12 lower. The latest change was up 100.0% to $0.600 per share, going ex-dividend on Jul 14, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jul 14, 2025 | Higher | $0.300 → $0.600 | +100.0% |
| Jul 12, 2024 | Higher | $0.400 → $0.600 | +50.0% |
| Oct 19, 2023 | Higher | $0.150 → $0.400 | +166.7% |
| Jun 8, 2023 | Higher | $0.100 → $0.300 | +200.0% |
| Dec 13, 2022 | Higher | $0.100 → $0.150 | +50.0% |
| Jul 13, 2022 | Lower | $0.125 → $0.100 | −20.0% |
| Jul 13, 2021 | Lower | $0.250 → $0.100 | −60.0% |
| Dec 15, 2020 | Lower | $0.250 → $0.125 | −50.0% |
| Apr 21, 2017 | Lower | $0.400 → $0.250 | −37.5% |
| Dec 14, 2016 | Lower | $0.400 → $0.250 | −37.5% |
| Aug 1, 2016 | Higher | $0.300 → $0.400 | +33.3% |
| Mar 28, 2016 | Higher | $0.300 → $0.400 | +33.3% |
Frequently Asked Questions
Is TEN a good dividend stock?
Mixed. Tsakos Energy Navigation Limited (TEN) pays a semiannual dividend yielding 3.91% ($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.
Is TEN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TEN's fair value is about $94.79 versus a $51.18 share price — so it looks undervalued (+85% vs. fair value).
Is TEN's dividend safe?
TEN has a dividend-safety grade of C (54/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2020, debt and yield-versus-history.
What is TEN's fair value?
Our blended fair-value estimate for TEN is about $94.79 per share, roughly 85% above the current $51.18 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TEN a buy, hold, or sell?
We don't issue formal ratings, but on the data TEN screens as "mixed" and undervalued. Tsakos Energy Navigation Limited (TEN) pays a semiannual dividend yielding 3.91% ($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. This is research for your own analysis, not investment advice.
Will TEN cut its dividend?
TEN earns a dividend-safety grade of C (54/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TEN pay a dividend?
Yes. Tsakos Energy Navigation Limited pays a semiannual dividend of about $2.00 per share annually, a forward yield of roughly 3.91%.
What is TEN's dividend yield?
As of Oct 18, 2026, TEN's forward dividend yield is 3.91%, based on a $2.00 annual dividend and a $51.18 share price.
What is TEN's dividend per share?
As of Oct 18, 2026, TEN pays $2.00 per share per year, distributed on a semiannual basis.
What is TEN's dividend payout ratio?
As of Oct 18, 2026, TEN's payout ratio is 16% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has TEN grown its dividend?
TEN does not currently have a long dividend-growth streak on record.
When is the next TEN ex-dividend date?
As of Oct 18, 2026, TEN's next ex-dividend date hasn't been announced. The most recent was Jul 23, 2026, for $1.00 per share.
TEN Price — Last 12 Months
Daily close
Price Return
1 Year
+109%
3 Years
+154%
5 Years
+604%
52-Week Range
$21.65 – $56.73
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TEN worth?
Undervaluedlow confidenceOur blended fair-value estimate for Tsakos Energy Navigation Limited is $94.79 per share, versus a market price of $51.18. That implies 85% of upside — a margin of safety of about 46%.
Fair Value
$94.79
Current Price
$51.18
Upside
+85%
Margin of Safety
46%
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 27.2% 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% growth for five years fading to 2.5% over the next five, $9.87 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
Full TEN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 23, 2026 | Jul 30, 2026 | $1.0000 | regular |
| Jul 14, 2025 | Jul 18, 2025 | $0.6000 | regular |
| Dec 16, 2024 | Dec 20, 2024 | $0.9000 | regular |
| Jul 12, 2024 | Jul 18, 2024 | $0.6000 | regular |
| Dec 13, 2023 | Dec 20, 2023 | $0.3000 | regular |
| Oct 19, 2023 | Oct 26, 2023 | $0.4000 | regular |
| Jun 8, 2023 | Jun 15, 2023 | $0.3000 | regular |
| Dec 13, 2022 | Dec 20, 2022 | $0.1500 | regular |
| Jul 13, 2022 | Jul 20, 2022 | $0.1000 | regular |
| Jul 13, 2021 | Jul 20, 2021 | $0.1000 | regular |
| Dec 15, 2020 | Dec 22, 2020 | $0.1250 | regular |
| Jun 19, 2020 | Jun 26, 2020 | $0.3750 | regular |
| Dec 11, 2019 | Dec 18, 2019 | $0.2500 | regular |
| May 23, 2019 | May 30, 2019 | $0.2500 | regular |
Income Calculator
At $2.00 / yr per share
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