Teekay Tankers Ltd Stock Dividends
TNK pays dividends quarterly. Last paid amount was $0.250 at Mar 15, 2024. As of today, dividend yield (TTM) is 4.85%.
Dividend Yield Range
AI Analysis of TNK
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.85% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -80.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.250 |
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Teekay Tankers Ltd has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.
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TNK Dividend Payout History
To ensure a understanding of TNK'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 22, 2024 | Mar 01, 2024 | Mar 15, 2024 | $0.250 | 0.448% |
| 2 | Nov 02, 2023 | Nov 13, 2023 | Nov 27, 2023 | $0.250 | 0.481% |
| 3 | Aug 03, 2023 | Aug 11, 2023 | Aug 25, 2023 | $0.250 | 0.608% |
| 4 | May 11, 2023 | May 19, 2023 | Jun 02, 2023 | $1.25 | 3.31% |
| 5 | Feb 22, 2018 | Mar 02, 2018 | Nov 25, 2019 | $0.240 | 1.22% |
| 6 | Nov 09, 2017 | Nov 17, 2017 | Nov 24, 2017 | $0.240 | 1.88% |
| 7 | Aug 03, 2017 | Aug 10, 2017 | Aug 18, 2017 | $0.240 | 2.07% |
| 8 | May 18, 2017 | May 24, 2017 | Jun 02, 2017 | $0.240 | 1.64% |
| 9 | Feb 23, 2017 | Mar 02, 2017 | Mar 10, 2017 | $0.240 | 1.35% |
| 10 | Nov 03, 2016 | Nov 09, 2016 | Nov 18, 2016 | $0.240 | 1.24% |
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
Growth potential
TNK Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TNK 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 TNK stock here.
Comparing TNK to Sector and Country
TNK pays a solid dividend yield of 4.85%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.40%). TNK’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.00%), which means that there are more attractive dividend stocks to consider.
TNK Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Star Gas Partners LP | 401.635M | $0.173 | 5.60% | 128.08% | |
| Teekay Tankers Ltd | 1.98B | $0.250 | 4.85% | 9.93% |
