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Teekay Tankers (Teekay Tankers) 5-Year Yield-on-Cost %

: 1.77 (As of Today)
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Teekay Tankers's yield on cost for the quarter that ended in Dec. 2023 was 1.77.


The historical rank and industry rank for Teekay Tankers's 5-Year Yield-on-Cost % or its related term are showing as below:

TNK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.57   Med: 3.56   Max: 14.93
Current: 1.77


During the past 13 years, Teekay Tankers's highest Yield on Cost was 14.93. The lowest was 0.57. And the median was 3.56.


TNK's 5-Year Yield-on-Cost % is ranked worse than
81.1% of 492 companies
in the Oil & Gas industry
Industry Median: 4.84 vs TNK: 1.77

Competitive Comparison

For the Oil & Gas Midstream subindustry, Teekay Tankers's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Oil & Gas industry and Energy sector, Teekay Tankers's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Teekay Tankers's 5-Year Yield-on-Cost % falls into.



Teekay Tankers 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Teekay Tankers is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Teekay Tankers  (NYSE:TNK) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Teekay Tankers 5-Year Yield-on-Cost % Related Terms

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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.

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