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 |
| Next Ex-Dividend Date | May 20, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from TNK the purchase should be done within the next 2 days.
Here's a simple guide on how to buy TNK stock.
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 | |
|---|---|---|---|---|---|
| 21 | Apr 04, 2014 | Apr 15, 2014 | Apr 30, 2014 | $0.240 | 0.86% |
| 22 | Jan 03, 2014 | Jan 15, 2014 | Jan 31, 2014 | $0.240 | 0.88% |
| 23 | Oct 04, 2013 | Oct 11, 2013 | Oct 25, 2013 | $0.240 | 1.08% |
| 24 | Jul 08, 2013 | Jul 17, 2013 | Jul 31, 2013 | $0.240 | 1.06% |
| 25 | May 08, 2013 | May 16, 2013 | May 28, 2013 | $0.240 | 1.00% |
| 26 | Feb 20, 2013 | Feb 28, 2013 | Mar 11, 2013 | $0.240 | 1.12% |
| 27 | Nov 07, 2012 | Nov 15, 2012 | Nov 26, 2012 | $0.160 | 0.787% |
| 28 | Aug 08, 2012 | Aug 16, 2012 | Aug 27, 2012 | $0.88 | 2.74% |
| 29 | May 16, 2012 | May 24, 2012 | Jun 05, 2012 | $1.28 | 4.06% |
| 30 | Feb 07, 2012 | Feb 16, 2012 | Feb 28, 2012 | $0.88 | 2.44% |
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 (1.44%). TNK’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.55%), 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 | 351.248M | $0.173 | 5.55% | 102.12% | |
| Teekay Tankers Ltd | 2.448B | $0.250 | 4.85% | 13.92% |
