Teekay Tankers Ltd. (TNK)
Teekay Tankers Ltd. (TNK) is a global shipping company specializing in the transportation of crude oil and petroleum products. Established in 2007, it operates a fleet of tankers and provides services to oil companies, traders, and refiners worldwide. The company focuses on providing reliable maritime transportation solutions within the complex and dynamic energy transportation industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 22, 2025 | $0.25 | 2025-08-11 | 2025-08-11 |
| May 30, 2025 | $0.25 | 2025-05-19 | 2025-05-19 |
| May 30, 2025 | $1.00 | 2025-05-19 | 2025-05-19 |
| March 14, 2025 | $0.25 | 2025-03-03 | 2025-03-03 |
| November 22, 2024 | $0.25 | 2024-11-12 | 2024-11-12 |
Dividends Summary
- Teekay Tankers Ltd. has issued 54 dividend payments over the past 17 years
- The most recent dividend was paid 29 days ago, on August 22, 2025
- The highest dividend payed out to investors during this period was $2 per share
- The average dividend paid during this period was $0.27 per share.
Company News
Teekay Tankers reported its Q2 2025 financial results and declared a fixed cash dividend of $0.25 per share, payable on August 22, 2025 to shareholders of record as of August 11, 2025.
Teekay Corporation and Teekay Tankers announced changes to their respective Boards of Directors, including the resignation of some directors and the appointment of new ones. The changes aim to streamline and simplify the Teekay Group, with Teekay Tankers serving as the sole operating platform.
The shipping industry is benefiting from strong liquefied petroleum gas (LPG) demand, increased freight costs, and the reopening of the China economy. Shipping stocks like Kirby Corporation, ZIM Integrated Shipping Services, and Teekay Tankers have outperformed the industry and the broader market.
A number of tanker stocks are well positioned to benefit from the fallout from the disruption to Red Sea shipping caused by the Houthi attacks on cargo ships, according to Evercore ISI.
