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NYSE: TNK
Teekay Tankers Ltd Stock Dividend Yield & Dates

TNK dividend stability and growth

Last Dividend per share
$0.2500
Forward Dividend yield
1.89%
TNK's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
TNK dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

TNK dividend yield vs industry/market

Company
3.24%
Industry
6.34%
TNK dividends (3.24%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
TNK dividends (3.24%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

TNK dividend payout ratio

Teekay Tankers Ltd paid out 11.6% of its earnings over the trailing twelve months.
Retained earnings
88.4%
Payout ratio
11.6%
TNK earnings ($513.67M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

TNK vs Oil & Gas Midstream Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
TNK3.24%No4+11.60%
DHT9.21%No10+116.20%
GLP5.77%No3+92.20%
LPG11.16%1+52.80%
GEL5.20%No2+272.70%

TNK dividend dates

Next dividend payment date
Mar 15, 2024
Next ex-dividend date
Mar 1, 2024

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Teekay Tankers Dividends FAQ

Does Teekay Tankers pay a dividend?

Yes, TNK has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Teekay Tankers stock.

What is Teekay Tankers's Dividend Payment Date?

Teekay Tankers's next dividend payment date is on 2024-03-15, when Teekay Tankers shareholders who owned TNK shares before 2024-03-01 will receive a dividend payment of $0.2500 per share. Add TNK to your watchlist to be reminded of TNK's next dividend payment.

Is Teekay Tankers's dividend stable?

No, TNK's dividend has not been stable over the last 10 years

Does Teekay Tankers have sufficient earnings to cover their dividend?

Yes, TNK's past year earnings per share was $15.04, and their annual dividend per share is $1.75. TNK's dividend payout ratio is 11.6%, which is sustainable.

How much is Teekay Tankers's dividend?

TNK pays a dividend of $1.75 per share. TNK's annual dividend yield is 3.24%. Teekay Tankers's dividend is lower than the US industry average of 6.34%, and it is lower than the US market average of 4.18%.

What is Teekay Tankers's Ex-Dividend Date?

Teekay Tankers's upcoming ex-dividend date is on 2024-03-01. Teekay Tankers shareholders who own TNK stock before this date will receive Teekay Tankers's next dividend payment of $0.2500 per share on 2024-03-15. Add TNK to your watchlist to be reminded before TNK's ex-dividend date.

Is Teekay Tankers's dividend showing long-term growth?

Yes, TNK's' dividend has been growing over the last 10 years.
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