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Teekay Tankers (Teekay Tankers) Dividend Yield % : 1.77% (As of Apr. 25, 2024)


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What is Teekay Tankers Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Teekay Tankers is 1.77%.

Good Sign:

Teekay Tankers Ltd stock dividend yield is close to 5-year high.

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

TNK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.57   Med: 3.53   Max: 14.93
Current: 1.77

During the past 13 years, the highest Dividend Yield of Teekay Tankers was 14.93%. The lowest was 0.57%. And the median was 3.53%.

TNK's Dividend Yield % is ranked worse than
81.54% of 493 companies
in the Oil & Gas industry
Industry Median: 4.05 vs TNK: 1.77

Teekay Tankers's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.09.

During the past 13 years, the highest Dividend Payout Ratio of Teekay Tankers was 0.64. The lowest was 0.05. And the median was 0.15.

As of today (2024-04-25), the Forward Dividend Yield % of Teekay Tankers is 1.77%.

Teekay Tankers's Dividends per Share for the three months ended in Dec. 2023 was $0.25.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Teekay Tankers was 35.70% per year. The lowest was -54.60% per year. And the median was -37.00% per year.

The growth rate is calculated with least square regression.

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


Teekay Tankers Dividend Yield % Historical Data

The historical data trend for Teekay Tankers'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.

* Premium members only.

Teekay Tankers Dividend Yield % Chart

Teekay Tankers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.50

Teekay Tankers 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.65 1.20 1.50

Competitive Comparison of Teekay Tankers's Dividend Yield %

For the Oil & Gas Midstream subindustry, Teekay Tankers'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 Tankers's Dividend Yield % Distribution in the Oil & Gas Industry

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

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



Teekay Tankers Dividend Yield % Calculation

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

Teekay Tankers Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-012024-03-042024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-11-132023-11-142023-11-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-08-112023-08-142023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-05-192023-05-222023-06-02Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Teekay Tankers's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/56.60
=1.77 %

Current Share Price is $56.60.
Teekay Tankers's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.

Teekay Tankers's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/56.60
=1.77 %

Current Share Price is $56.60.
Teekay Tankers's Dividends per Share for the forward twelve months is calculated as $0.25 * 4 = $1.

* 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.


Teekay Tankers  (NYSE:TNK) 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 Tankers Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Teekay Tankers's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Teekay Tankers (Teekay Tankers) Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.

Teekay Tankers (Teekay Tankers) Headlines

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