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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 Aug 12, 2024. At an annualized rate of $3 per share, the stock yields 4.91%.

Key dates

  • TNK last dividend date: Aug 12, 2024
TNK dividend stats
DPS
$3
Dividend yield
4.91%
Payout ratio
23.1%
vs. Energy sector
Dividend yield
4.32%
Payout ratio
49.2%

Dividend yield

What is Teekay Tankers current dividend yield

TNK has a dividend yield of 4.91% which is higher than the Energy sector average but lower than the industry average. If we compare it with the Energy sector average of 4.32%, Teekay Tankers's dividend yield is 14% higher.

Dividend history

What is TNK dividend payout history and dates

According to our records TNK has distributed four dividends in the past year. The annualized dividend per share has increased by 500% for the last twelve months. And with the stock price up by 54% from a year ago, the dividend yield has increased by 290%.

Recent dividends

Ex-date Amount Yield (TTM)
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

What is Teekay Tankers dividend payout ratio compared to the sector

Payout ratio

TNK has a payout ratio of 23.1% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 49.2%, Teekay Tankers's payout ratio is 53% lower.

Total amount of dividends paid per financial year (from cash flow)

TNK dividend vs peer dividends

How does TNK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ASC Ardmore Shipping Corp 5.79% $1.06 29.9%
TNK Teekay Tankers Ltd 4.91% $3 23.1%
KNOP KNOT Offshore Partners LP 1.56% $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 Aug 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 4.91%.

What is Teekay Tankers's dividend payout ratio?

The dividend payout ratio of Teekay Tankers is 23.1%.

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.