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Teekay LNG Partners LP (Teekay LNG Partners LP) 3-Year Dividend Growth Rate : 18.80% (As of Dec. 2023)


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What is Teekay LNG Partners LP 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Teekay LNG Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

TGP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -41.5   Med: 4.9   Max: 49.8
Current: 18.8

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.

TGP's 3-Year Dividend Growth Rate is not ranked
in the Oil & Gas industry.
Industry Median: 14.8 vs TGP: 18.80

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. 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.

Teekay LNG Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Teekay LNG Partners LP's Dividend Yield % is 6.55%.

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


Competitive Comparison of Teekay LNG Partners LP's 3-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, Teekay LNG Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay LNG Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Teekay LNG Partners LP's 3-Year Dividend Growth Rate falls into.



Teekay LNG Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.


Teekay LNG Partners LP  (NYSE:TGP) 3-Year Dividend Growth Rate Explanation

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

Teekay LNG Partners LP'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/ 0
=N/A

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.

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

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%.

* 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 LNG Partners LP 3-Year Dividend Growth Rate Related Terms>


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

Industry
Traded in Other Exchanges
Address
550 Burrard Street, Suite 2000, Bentall 5, Vancouver, BC, CAN, V6C 2K2
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.