Last dividend date: May 26, 2026
Dividend yield: 2.96%
Payout ratio: 16.2%
Teekay Tankers's last cash dividend of $1.25 per share was issued to shareholders on record before May 26, 2026. At an annualized rate of $2 per share, the stock yields 2.96%.
TNK dividend stats
vs. Energy sector
Teekay Tankers Dividend yield
TNK has a dividend yield of 2.96% which is lower than the Energy sector and the industry average. If we compare it with the Energy sector average of 3.94%, Teekay Tankers's dividend yield is 25% lower.
TNK Dividend history
Teekay Tankers has a dividend history dating as far as 2008, but consistently the company has been paying dividends for the last three consecutive years. According to our records TNK has distributed four dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the stock price up by 53% from a year ago, the dividend yield has decreased by 35%.
Teekay Tankers Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 26, 2026 | $1.25 | 2.65% |
| Mar 2, 2026 | $0.25 | 2.56% |
| Nov 10, 2025 | $0.25 | 3.27% |
| Aug 11, 2025 | $0.25 | 4.62% |
| May 19, 2025 | $1.25 | 4.4% |
| 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 16.2% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 66.5%, Teekay Tankers's payout ratio is 76% lower.
Total amount of dividends paid per financial year (from cash flow)
TNK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TK Teekay Corp | 19.4% | $2 | 175.4% |
| DHT DHT Holdings Inc | 8.56% | $1.47 | 71.4% |
| ASC Ardmore Shipping Corp | 4.37% | $0.65 | 48.9% |
| TNK Teekay Tankers Ltd | 2.96% | $2 | 16.2% |
| KNOP KNOT Offshore Partners LP | 1.28% | $0.13 | N/A |
Frequently asked questions
Does Teekay Tankers pay a dividend?
Yes, Teekay Tankers has been paying dividends for the last three years.
When was TNK's last dividend?
Teekay Tankers's last regular dividend was on May 26, 2026 (ex-date) with the amount of $1.25 per share.
How much dividend does Teekay Tankers pay (per share)?
TNK has paid dividend of $2 per share in the last year.
What is Teekay Tankers's dividend yield?
Teekay Tankers's current dividend yield is 2.96%.
How often does Teekay Tankers pay dividends?
Teekay Tankers has a quarterly dividend frequency.
What is Teekay Tankers's dividend payout ratio?
The dividend payout ratio of Teekay Tankers is 16.2%.
Does Teekay Tankers pay a good dividend?
Teekay Tankers's dividend yield is less than the Energy sector average.
Special dividends are included in TTM DPS and yield.