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 Mar 3, 2025. At an annualized rate of $3 per share, the stock yields 7.76%.
Key dates
- TNK last dividend date: Mar 3, 2025
TNK dividend stats
vs. Energy sector
Dividend yield
TNK has a dividend yield of 7.76% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 4.48%, Teekay Tankers's dividend yield is 73% higher.
Dividend history
Teekay Tankers has a dividend history dating as far as 2008, but consistently the company has been paying dividends for the last two consecutive years. According to our records TNK has distributed four dividends in the past year. The annualized dividend per share has increased by 200% for the last twelve months. And with the stock price down by 34% from a year ago, the dividend yield has increased by 353%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Mar 3, 2025 | $0.25 | 7.98% |
| 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 25.6% which is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 61.1%, Teekay Tankers's payout ratio is 58% lower.
Total amount of dividends paid per financial year (from cash flow)
TNK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ASC Ardmore Shipping Corp | 9.71% | $0.95 | 30.7% |
| DHT DHT Holdings Inc | 9.02% | $0.95 | 84.8% |
| TNK Teekay Tankers Ltd | 7.81% | $3 | 25.6% |
| KNOP KNOT Offshore Partners LP | 1.51% | $0.1 | 49.5% |
Frequently asked questions
Does Teekay Tankers pay a dividend?
Yes, Teekay Tankers has been paying dividends for the last two years.
When was TNK's last dividend?
Teekay Tankers's last regular dividend was on Mar 3, 2025 (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 7.76%.
What is Teekay Tankers's dividend payout ratio?
The dividend payout ratio of Teekay Tankers is 25.6%.
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.