We report two new organic green‐absorbing singlet oxygen (1O2) photosensitizers: Quinoidal naphthyl thioamide (QDM) and bis‐iodol‐dipyrrolonaphthyridine‐dione (I2–DPND), with triplet energies of 40.8 and 47.5 kcal mol−1(at 77 K in a glassy matrix) , respectively. The UV–vis absorption and emission characteristics of QDM and I2–DPND are similar to other commercially available organic 1O2 photosensitizers such as Rose Bengal, which was used as standard/reference to estimate the 1O2 quantum yield (Φ∆) of the chromophores under study. Using 9,10‐diphenylanthracene (DPA) as an 1O2 quencher, we estimated the Φ∆ ≈ 67–85% for QDM and Φ∆ ≈ 25–32% for I2–DPND. The discrepancy in the Φ∆ values could be explained by the apparent photo‐decomposition of the later dye. Nevertheless, the high Φ∆ value for QDM is unprecedented, as this chromophore exhibits relatively low structural complexity and could further be derivatized to create novel photodynamic agents.