GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Tankers Ltd (NYSE:TNK) » Definitions » Dividends per Share

Teekay Tankers (Teekay Tankers) Dividends per Share

: $0.75 (TTM As of Dec. 2023)
View and export this data going back to 2007. Start your Free Trial

Teekay Tankers's dividends per share for the three months ended in Dec. 2023 was $0.25. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.75. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.09. As of today, Teekay Tankers's Dividend Yield % is 1.73%.

Good Sign:

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

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

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


Teekay Tankers Dividends per Share Historical Data

The historical data trend for Teekay Tankers's Dividends per Share 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.75

Teekay Tankers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share 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 Premium Member Only Premium Member Only Premium Member Only - - 0.25 0.25 0.25

Competitive Comparison

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 Dividend Yield % Distribution

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 Dividends per Share Calculation

Dividends paid to per common share.


Teekay Tankers  (NYSE:TNK) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Teekay Tankers's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.25/ 2.898
=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.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/57.29
=1.75 %

Current Share Price is $57.29.
Teekay Tankers's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.

During the past 13 years, the highest Dividend Yield of Teekay Tankers was 14.93%. The lowest was 0.57%. And the median was 3.56%.

Good Sign:

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

* 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 Dividends per Share Related Terms

Thank you for viewing the detailed overview of Teekay Tankers's Dividends per Share 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

From GuruFocus

Teekay Tankers Announces Changes to Board of Directors

By Marketwired Marketwired 05-30-2019

Teekay Tankers Ltd. Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-11-2022

3 Graham-Style Stocks for the Value Investor

By Alberto Abaterusso Alberto Abaterusso 01-14-2021

Teekay Tankers Ltd. Reports Third Quarter 2022 Results

By Value_Insider Value_Insider 11-03-2022

Teekay Tankers Ltd. Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 05-12-2022