Last dividend date: May 26, 2026
Dividend yield: 16.04%
Payout ratio: 95.7%
Teekay's latest dividend of $1 per share was on May 26, 2026 (ex-date). The annualized dividend distribution of $2 per share represents a current dividend yield of 16.04%.
TK dividend stats
vs. Energy sector
Teekay Dividend yield
TK has a dividend yield of 16.04% which is above the Energy sector and the industry average. If we compare it with its Energy sector average of 3.76%, Teekay's dividend yield is 327% higher.
TK Dividend history
Teekay has a dividend history dating as far as 1996, but lately the company has recorded two consecutive years of dividend payments. Our records of TK show that the company has distributed one dividend in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 68% from a year ago, the dividend yield has a decrease of 41%.
Teekay Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 26, 2026 | $1 | 16.33% |
| Jul 2, 2025 | $1 | 26.49% |
| Dec 4, 2024 | $1 | 50.31% |
| May 20, 2024 | $2.25 | 24.09% |
| Jan 31, 2019 | $0.055 | 6.27% |
| Nov 1, 2018 | $0.055 | 3.21% |
| Aug 2, 2018 | $0.055 | 3.09% |
| May 3, 2018 | $0.055 | 2.53% |
| Feb 1, 2018 | $0.055 | 2.66% |
| Nov 2, 2017 | $0.055 | 2.72% |
| Aug 2, 2017 | $0.055 | 2.2% |
| May 3, 2017 | $0.055 | 2.78% |
| Jan 25, 2017 | $0.055 | 1.93% |
| Oct 26, 2016 | $0.055 | 2.86% |
| Jul 27, 2016 | $0.055 | 11.21% |
| Apr 27, 2016 | $0.055 | 10.82% |
| Feb 3, 2016 | $0.055 | 21.41% |
| Oct 14, 2015 | $0.55 | 5.1% |
| Jul 15, 2015 | $0.55 | 3.55% |
| Apr 15, 2015 | $0.316 | 2.49% |
| Jan 15, 2015 | $0.316 | 3% |
Teekay dividend payout ratio
Payout ratio
TK has a payout ratio of 95.7% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 58%, Teekay's payout ratio is 65% higher.
Total amount of dividends paid per financial year (from cash flow)
TK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TK Teekay Corp | 16.04% | $2 | 95.7% |
| ASC Ardmore Shipping Corp | 3.69% | $0.65 | 25.1% |
| TNK Teekay Tankers Ltd | 2.35% | $2 | 11.7% |
Frequently asked questions
Does Teekay pay a dividend?
Yes, Teekay has paid one dividend in the last twelve months. TK has been paying dividends since 2024.
When was TK's last dividend?
Teekay's last dividend ex-date was on May 26, 2026. The dividend amount was $1 per share.
How much dividend does Teekay pay (per share)?
TK has paid dividend of $2 per share in the last year.
What is Teekay's dividend yield?
Currently Teekay's dividend yield is 16.04%.
What is Teekay's dividend payout ratio?
Teekay's dividend payout ratio is 95.7%.
Does Teekay pay a good dividend?
Teekay's dividend yield is more than the Energy sector average.
Special dividends are included in TTM DPS and yield.