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Teekay Tankers Ltd. (TNK)
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TNK Dividends

Teekay Tankers Ltd. (TNK) pays $2.00 in dividends per share, with a current dividend yield of 2.65%. The company has dividend history for 1 consecutive years.

TNK Dividend Summary

Consecutive Years

1

Most Recent Ex-Date

May 26, 2026

Most Recent Payment

Jun 2, 2026

TNK Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

TNK Dividends CAGR Chart

Teekay Tankers Ltd. (TNK)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.50
2025$2.00N/A
2024$0.75-57.14%
2023$1.75N/A
2018$0.24N/A
2017$0.96-60.00%
2016$2.40+150.00%
2015$0.96+0.00%
2014$0.96+0.00%
2013$0.96-70.00%
2012$3.20-51.81%
2011$6.64-35.16%
2010$10.24-31.18%
2009$14.88-33.21%
2008$22.28N/A

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$1.25+0.00%
Q1 2026$0.25+0.00%
Q4 2025$0.25+0.00%
Q3 2025$0.25+0.00%
Q2 2025$1.25
Q1 2025$0.25+0.00%
Q4 2024$0.25+0.00%
Q3 2024$0.25+0.00%
Q1 2024$0.25
Q4 2023$0.25
Q3 2023$0.25
Q2 2023$1.25
Q1 2018$0.24+0.00%
Q4 2017$0.24+0.00%
Q3 2017$0.24-50.00%
Q2 2017$0.24-66.67%
Q1 2017$0.24-75.00%
Q4 2016$0.24+0.00%
Q3 2016$0.48+100.00%
Q2 2016$0.72+200.00%
Q1 2016$0.96+300.00%
Q4 2015$0.24+0.00%
Q3 2015$0.24+0.00%
Q2 2015$0.24+0.00%

Dividend Yield Metrics

Current Yield
2.65%
Average Yield (TTM)
2.65%
Average Yield (3Y)
1.99%
Forward Yield on Cost (3Y)
5.53%
Forward Yield on Cost (5Y)
9.01%
Forward Yield on Cost (10Y)
30.63%

Payout Ratio Analysis

Payout Ratio (Current)
19.70%
FCF Payout Ratio
50.05%
Payout Ratio (3Y Avg)
12.54%
Payout Ratio (5Y Avg)
24.43%
FCF Payout (3Y Avg)
25.89%
FCF Payout (5Y Avg)
26.61%

Dividend Coverage

Payout Ratio
19.7%
Dividends / net income
FCF Payout Ratio
50.0%
Dividends / free cash flow
Consecutive Years
1 years
Years with regular dividend payments
5Y Dividend Growth
35.4%
Compound annual dividend growth

About Teekay Tankers Ltd.

Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.

Hamilton, ON
2,330 employees
Industrials / Marine Shipping
Sector
Industrials
Industry
Marine Shipping
CEO
Kenneth Hvid