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 utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.
Teekay Dividend Announcement
• Teekay announced a quarterly dividend of $1.00 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-12-04
• Teekay annual dividend for 2024 was $3.25
• Teekay's trailing twelve-month (TTM) dividend yield is 28.3%
Teekay Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-04 | $1.00 | quarterly | 2024-12-18 |
2024-05-20 | $2.25 | quarterly | 2024-05-31 |
2021-11-04 | $0.29 | quarterly | |
2019-01-31 | $0.06 | quarterly | 2019-02-14 |
2018-11-01 | $0.06 | quarterly | 2018-11-14 |
2018-08-02 | $0.06 | quarterly | 2018-08-15 |
2018-05-03 | $0.06 | quarterly | 2018-05-16 |
2018-02-01 | $0.06 | quarterly | 2018-02-14 |
2017-11-02 | $0.06 | quarterly | 2017-11-15 |
2017-08-02 | $0.06 | quarterly | 2017-08-16 |
2017-05-03 | $0.06 | quarterly | 2017-05-17 |
2017-01-25 | $0.06 | quarterly | 2017-02-15 |
2016-10-26 | $0.06 | quarterly | 2016-11-16 |
2016-07-27 | $0.06 | quarterly | 2016-08-17 |
2016-04-27 | $0.06 | quarterly | 2016-05-19 |
2016-02-03 | $0.06 | quarterly | 2016-02-18 |
2015-10-14 | $0.55 | quarterly | 2015-11-19 |
2015-07-15 | $0.55 | quarterly | 2015-07-31 |
2015-04-15 | $0.32 | quarterly | 2015-04-30 |
2015-01-15 | $0.32 | quarterly | 2015-01-30 |
2014-10-15 | $0.32 | quarterly | 2014-10-31 |
2014-07-16 | $0.32 | quarterly | 2014-07-31 |
2014-04-15 | $0.32 | quarterly | 2014-04-30 |
2014-01-15 | $0.32 | quarterly | 2014-01-31 |
2013-10-11 | $0.32 | quarterly | 2013-10-31 |
2013-07-12 | $0.32 | quarterly | 2013-07-31 |
2013-04-12 | $0.32 | quarterly | 2013-04-30 |
2013-01-14 | $0.32 | quarterly | 2013-01-30 |
2012-10-15 | $0.32 | quarterly | 2012-10-26 |
2012-07-13 | $0.32 | quarterly | 2012-07-27 |
2012-04-18 | $0.32 | quarterly | 2012-04-30 |
2012-01-18 | $0.32 | quarterly | 2012-01-31 |
2011-10-19 | $0.32 | quarterly | 2011-10-31 |
2011-07-13 | $0.32 | quarterly | 2011-07-29 |
2011-04-13 | $0.32 | quarterly | 2011-04-29 |
2011-01-12 | $0.32 | quarterly | 2011-01-28 |
2010-10-13 | $0.32 | quarterly | 2010-10-29 |
2010-07-14 | $0.32 | quarterly | 2010-07-30 |
2010-04-14 | $0.32 | quarterly | 2010-04-30 |
2010-01-13 | $0.32 | quarterly | 2010-01-29 |
Teekay Dividend per year
Teekay Dividend growth
Teekay Dividend Yield
Teekay current trailing twelve-month (TTM) dividend yield is 28.3%. Interested in purchasing Teekay stock? Use our calculator to estimate your expected dividend yield:
Teekay Financial Ratios
Teekay Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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