Tsakos Energy Navigation's strong financial performance and well-covered preferred dividends make both common and preferred shares appealing investments. The company's asset recycling program and new vessel deliveries enhance its financial stability and growth prospects. With a 7% yield to call, the Series F preferred shares remain an attractive investment, despite potential future rate adjustments.
Tsakos Energy Navigation preferred stock offers an 8.8% dividend yield, with potential for a higher yield in 2027. Business fundamentals remain positive for the company, with growth expected in earnings per share in 2025 and 2026. Preferred dividends have a wider margin of safety compared to common dividends, with the company showing consistency in dividend payments.
Stocks like General Mills, Inc. (GIS), Tsakos Energy Navigation Limited (TNP), HEICO Corporation (HEI) and Delta Air Lines, Inc. (DAL) recently hiked dividends.
Tsakos Energy Navigation Limited (NYSE:TNP ) Q1 2024 Earnings Call Transcript June 20, 2024 10:00 AM ET Company Participants Nicolas Bornozis - IR Advisor Takis Arapoglou - Chairman Nikolas Tsakos - Founder and CEO George Saroglou - Chief Operating Officer Paul Durham - Chief Financial Officer Conference Call Participants Climent Molins - Value Investor's Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to Tsakos Energy Navigation Conference Call on the First Quarter 2024 Financial Results. We have with us today Mr.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tsakos (TNP) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Here is how Tsakos Energy (TNP) and Westinghouse Air Brake Technologies (WAB) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tsakos Energy (TNP) reachead $29.87 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.