Free Trial

Teekay Tankers (TNK) Dividend Yield, Date & History

Teekay Tankers logo
$45.06 -0.37 (-0.82%)
As of 11:58 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Teekay Tankers Dividend Summary

Dividend Yield
2.22%
Annual Dividend
$1.00
Next
Dividend Payment
Aug. 22
Dividend Increase
Track Record
2 Years
Dividend Payout Ratio
12.42%

Teekay Tankers (TNK) pays an annual dividend of $1.00 per share, with a dividend yield of 2.22%. The next quarterly payment of $0.25 per share is scheduled for Friday, August 22, to investors who own the stock before the ex-dividend date of Monday, August 11. The company currently pays out 12.42% of its earnings and 7.72% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

TNK Dividend Payments by Quarter

The chart below displays up to four years of Teekay Tankers' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TNK Dividend Yield Over Time

The chart below tracks Teekay Tankers' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Teekay Tankers vs. The Competition

Compare Teekay Tankers' annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeTeekay TankersTransportation CompaniesNYSE Companies
Annual Dividend$1.00$0.02$1.58
Dividend Yield2.22%706.08%3.66%
Annualized 3-Year Dividend Growth0.00%0.00%0.00%
Track Record2 years8 years11 years

Teekay Tankers Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings12.42%
Based on This Year's Estimate14.03%
Based on Next Year's Estimate10.05%
Based on Cashflow7.71%

Teekay Tankers Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
7/30/2025quarterly$0.25-$0.75
75.00%
2.23%8/11/20258/11/20258/22/2025
5/8/2025--$1.00+$0.75
300.00%
2.3%5/19/20255/19/20255/30/2025
2/19/2025quarterly$0.25 - 2.5%3/3/20253/3/20253/14/2025
10/30/2024quarterly$0.25 - 2.1%11/12/202411/12/202411/22/2024
8/1/2024quarterly$0.25-$2.00
88.89%
1.62%8/12/20248/12/20248/23/2024
5/9/2024none$2.25+$2.00
800.00%
1.5%5/20/20245/21/20245/31/2024
2/22/2024quarterly$0.25 - 1.83%3/1/20243/4/20243/15/2024
11/2/2023quarterly$0.25 - 1.89%11/13/202311/14/202311/27/2023

This table shows Teekay Tankers' quarterly dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Teekay Tankers Dividend - Frequently Asked Questions

The current dividend yield for Teekay Tankers is 2.22%. Learn more on TNK's dividend yield history.

The annual dividend for TNK shares is $1.00. Learn more on TNK's annual dividend history.

Teekay Tankers pays quarterly dividends to shareholders.

Teekay Tankers' next quarterly dividend payment of $0.25 per share will be made to shareholders on Friday, August 22, 2025.

Teekay Tankers' most recent quarterly dividend payment of $1.00 per share was made to shareholders on Friday, May 30, 2025.

Teekay Tankers' next ex-dividend date is Monday, August 11, 2025.

Teekay Tankers' most recent ex-dividend date was Monday, May 19, 2025.

Teekay Tankers has increased its dividend for the past 2 consecutive years.

The most recent change in the company's dividend was a decrease of $0.75 on Wednesday, July 30, 2025.

The dividend payout ratio for TNK is:
  • 12.42% based on the trailing year of earnings
  • 14.03% based on this year's estimates
  • 10.05% based on next year's estimates
  • 7.71% based on cash flow

Teekay Tankers' dividend yield of 2.20% is lower than the average Transportation company that issues a dividend. The company's 2 consecutive years of dividend growth are not enough to demonstrate a strong track record of dividend growth yet. Teekay Tankers' dividend payout ratio of 12.42% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Teekay Tankers stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:TNK) was last updated on 8/8/2025 by MarketBeat.com Staff
From Our Partners