Teekay LNG Partners LP (Teekay LNG Partners LP) Dividend Yield % : 6.55% (As of Apr. 26, 2024)

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What is Teekay LNG Partners LP Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Teekay LNG Partners LP is 6.55%.

The historical rank and industry rank for Teekay LNG Partners LP's Dividend Yield % or its related term are showing as below:

TGP' s Dividend Yield % Range Over the Past 10 Years
Min: 2.64 Med: 6.52 Max: 28.03
Current: 6.55

During the past 13 years, the highest Dividend Yield of Teekay LNG Partners LP was 28.03%. The lowest was 2.64%. And the median was 6.52%.

TGP's Dividend Yield % is not ranked
in the Oil & Gas industry.
Industry Median: 4.05 vs TGP: 6.55

Teekay LNG Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Teekay LNG Partners LP was 18.67. The lowest was 0.33. And the median was 1.28.

As of today (2024-04-26), the Forward Dividend Yield % of Teekay LNG Partners LP is 6.77%.

Teekay LNG Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Teekay LNG Partners LP's average Dividends Per Share Growth Rate was 22.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -15.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Teekay LNG Partners LP was 49.80% per year. The lowest was -41.50% per year. And the median was 4.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Teekay LNG Partners LP Dividend Yield % Historical Data

The historical data trend for Teekay LNG Partners LP's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Teekay LNG Partners LP Dividend Yield % Chart

Teekay LNG Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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4.56

8.20

Teekay LNG Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Teekay LNG Partners LP's Dividend Yield %

For the Oil & Gas Midstream subindustry, Teekay LNG Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Teekay LNG Partners LP's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay LNG Partners LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Teekay LNG Partners LP's Dividend Yield % falls into.

Teekay LNG Partners LP Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Teekay LNG Partners LP (NYSE:TGP) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Teekay LNG Partners LP Dividend Yield % Related Terms

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Teekay LNG Partners LP (Teekay LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay LNG Partners LP (NYSE:TGP) » Definitions » Dividend Yield %

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Traded in Other Exchanges

SEALpB.PFD:USA SEALpA.PFD:USA

Address

550 Burrard Street, Suite 2000, Bentall 5, Vancouver, BC, CAN, V6C 2K2

Website

https://www.seapeak.com

Seapeak LLC is a provider of marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. The company operates into two segments namely: the LNG segment and the NGL segment. The Company has renamed its LPG segment as the NGL segment. LNG segment consists of LNG carriers which generally operate under long-term, fixed-rate charters to international energy companies. NGL segment consists of LPG, Ethane and multi-gas carriers which generally operate under voyage charters or time charters. It derives maximum revenue from the LNG segment. The majority of these services are provided through either a time charter, voyage charter, and bareboat charter contract.