Teekay Corporation Stock Dividends Overview

TK pays dividends quarterly. Last paid amount was $2.25 at May 31, 2024. As of today, dividend yield (TTM) is 22.98%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 22.98%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $2.25
Teekay Corporation has not yet announced its next dividend date. Last payment date was: May 31, 2024.

TK Dividend Payout History

To ensure a understanding of TK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 09, 2024 May 20, 2024 May 31, 2024 $2.25 22.98%
2 Nov 04, 2021 Nov 04, 2021 Feb 14, 2019 $0.288 7.57%
3 Jan 08, 2019 Jan 31, 2019 Feb 14, 2019 $0.0550 1.45%
4 Oct 03, 2018 Nov 01, 2018 Nov 14, 2018 $0.0550 0.88%
5 Jul 05, 2018 Aug 02, 2018 Aug 15, 2018 $0.0550 0.83%
6 Apr 04, 2018 May 03, 2018 May 16, 2018 $0.0550 0.611%
7 Jan 04, 2018 Feb 01, 2018 Feb 14, 2018 $0.0550 0.721%
8 Oct 03, 2017 Nov 02, 2017 Nov 15, 2017 $0.0550 0.643%
9 Jul 07, 2017 Aug 02, 2017 Aug 16, 2017 $0.0550 0.612%
10 Apr 03, 2017 May 03, 2017 May 17, 2017 $0.0550 0.758%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

good (76.76%)

Growth potential

Stable (9.39%)

TK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TK stock here.

Comparing TK to Sector and Country

TK pays a solid dividend yield of 22.98%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.64%). TK’s dividend yield is higher than the average of the top 25% of dividend payers in the Energy sector in the US market (12.21%).

FAQ

What factors can affect the amount of TK's dividend payments?
The amount of TK's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TK sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TK stock be automatically reinvested?
If TK offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TK stock.

How often does TK pay dividend?
Teekay Corporation (TK) pays dividends quarterly. The most recent payout was on May 31, 2024.

How much does TK pays per share?
The last recorder (May 20, 2024) dividend per share was $2.25.

What is TK dividend growth rate?
Over the last year, Teekay Corporation has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 98.54%. Furthermore, examining the past 5 years, Teekay Corporation has maintained an average Dividends Per Share Growth Rate of 50.91%.
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About Teekay Corporation

Teekay Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company provides a full suite of ship-to-ship transfer services in the oil, gas, and dry bulk industries; lightering and lightering support; and operational and maintenance marine, as well as offshore production services. As of March 1, 2022, it operated a fleet of approximately 55 vessels. The company primarily serves energy and util... TK Profile

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