TNK Teekay Tankers dividend history, payout ratio & dates
Teekay Tankers's last cash dividend of $0.25 per share was issued to shareholders on record before Nov 12, 2024. At an annualized rate of $3 per share, the stock yields 8%.
Key dates
- TNK last dividend date: Nov 12, 2024
TNK dividend stats
vs. Energy sector
Dividend yield
TNK has a dividend yield of 8% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 4.49%, Teekay Tankers's dividend yield is 78% higher.
Dividend history
According to our records TNK has distributed four dividends in the past year. The annualized dividend per share has increased by 300% for the last twelve months. And with the stock price down by 29% from a year ago, the dividend yield has increased by 465%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 12, 2024 | $0.25 | 6.8% |
| Aug 12, 2024 | $0.25 | 5.45% |
| May 20, 2024 | $2.25 | 4.25% |
| Mar 1, 2024 | $0.25 | 1.83% |
| Nov 13, 2023 | $0.25 | 1.42% |
| Aug 11, 2023 | $0.25 | 1.15% |
| May 19, 2023 | $0.25 | 0.62% |
| Mar 2, 2018 | $0.24 | 10% |
| Nov 17, 2017 | $0.24 | 8.39% |
| Aug 10, 2017 | $0.24 | 7.69% |
| May 24, 2017 | $0.24 | 7.69% |
| Mar 2, 2017 | $0.24 | 8.94% |
| Nov 9, 2016 | $0.24 | 13.22% |
| Aug 11, 2016 | $0.48 | 10.71% |
| May 25, 2016 | $0.72 | 7.89% |
| Jan 29, 2016 | $0.96 | 4.6% |
| Oct 14, 2015 | $0.24 | 1.56% |
| Jul 15, 2015 | $0.24 | 1.69% |
| Apr 15, 2015 | $0.24 | 1.94% |
| Jan 15, 2015 | $0.24 | 1.99% |
Teekay Tankers dividend payout ratio
Payout ratio
TNK has a payout ratio of 24.4% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 56.9%, Teekay Tankers's payout ratio is 57% lower.
Total amount of dividends paid per financial year (from cash flow)
TNK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DHT DHT Holdings Inc | 11.17% | $1 | 100% |
| ASC Ardmore Shipping Corp | 9.55% | $1.08 | 30% |
| TNK Teekay Tankers Ltd | 8% | $3 | 24.4% |
| KNOP KNOT Offshore Partners LP | 1.93% | $0.1 | N/A |
Frequently asked questions
Does Teekay Tankers pay a dividend?
Teekay Tankers has issued four dividends in the last twelve months.
When was TNK's last dividend?
Teekay Tankers's last regular dividend was on Nov 12, 2024 (ex-date) with the amount of $0.25 per share.
How much dividend does Teekay Tankers pay (per share)?
TNK has paid dividend of $3 per share in the last year.
What is Teekay Tankers's dividend yield?
Teekay Tankers's current dividend yield is 8%.
What is Teekay Tankers's dividend payout ratio?
The dividend payout ratio of Teekay Tankers is 24.4%.
Does Teekay Tankers pay a good dividend?
Teekay Tankers's dividend yield is more than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.