Teekay Tankers Dividends
| TNK Stock | USD 40.90 0.19 0.46% |
Dividend Payout Ratio is expected to rise to 0.13 this year, although the value of Dividends Paid will most likely fall to about 43.3 M. Teekay Tankers' past performance could be the main factor of why investors trade Teekay Tankers stock today. Investors should clearly understand every aspect of the Teekay Tankers dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Teekay Tankers' dividend schedule and payout information. Teekay Tankers dividends can also provide a clue to the current valuation of Teekay Tankers.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 59.5 M | 43.3 M | |
| Dividend Yield | 0.04 | 0.04 | |
| Dividend Payout Ratio | 0.12 | 0.13 | |
| Dividend Paid And Capex Coverage Ratio | 8.98 | 7.06 |
Teekay |
Investing in dividend-paying stocks, such as Teekay Tankers is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Teekay Tankers must own a stock before its ex-dividend date to receive its next dividend.
Teekay Tankers Dividends Paid Over Time
Today, most investors in Teekay Tankers Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Teekay Tankers' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Teekay Tankers dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
| Timeline |
Teekay Tankers Historical Dividend Yield Growth
A solid dividend growth pattern of Teekay Tankers could indicate future dividend growth is likely, which can signal long-term profitability for Teekay Tankers. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Teekay Tankers dividend as a percentage of Teekay Tankers stock price. Teekay Tankers dividend yield is a measure of Teekay Tankers stock productivity, which can be interpreted as interest rate earned on an Teekay Tankers investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Teekay Tankers Dividends Paid (per share)
Dividends Paid |
| Timeline |
Teekay Tankers Past Distributions to stockholders
| 22nd of November 2024 | ||
| 23rd of August 2024 | ||
| 31st of May 2024 | ||
| 15th of March 2024 | ||
| 27th of November 2023 | ||
| 25th of August 2023 | ||
| 2nd of June 2023 |
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 0.25 | Earnings Share 12.18 | Revenue Per Share 34.7 | Quarterly Revenue Growth (0.15) |
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.