Tsakos Energy Navigation Stock To Go Ex-dividend Tomorrow (TNP)

NEW YORK ( TheStreet) -- The ex-dividend date for Tsakos Energy Navigation (NYSE: TNP) is tomorrow, May 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $5.68 as of 9:36 a.m. ET, the dividend yield is 10.8%.

The average volume for Tsakos Energy Navigation has been 353,100 shares per day over the past 30 days. Tsakos Energy Navigation has a market cap of $255.5 million and is part of the services sector and transportation industry. Shares are up 18.4% year to date as of the close of trading on Tuesday.

Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services worldwide.

TheStreet Ratings rates Tsakos Energy Navigation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full Tsakos Energy Navigation Ratings Report.

See our dividend calendar or top-yielding stocks list.
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