Dividend Overview
Teekay (TK) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $3.25
- Ex-Dividend Date: December 04, 2024
- Total Dividends Paid (Last Year): $85.02M
Dividend Metrics
- Dividend Yield: 13.44%
- Payout Ratio: 63.56%
- Dividend Growth (YoY): 0.00%
Dividend Yield
13.44%
Dividend Payout Ratio
63.56%
Dividend Paid & Capex Coverage Ratio
2.91x
Teekay pays an annual dividend of $3.25 per share. This means that for each share you own, you'll receive $3.25 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was December 04, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Teekay paid a total of $85.02M in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Teekay's dividend yield stands at 13.44%. To put this in perspective, if you invest $100 in Teekay's stock at the current price, you can expect to receive approximately $13.44 in annual dividend income.
The company's dividend payout ratio is 63.56%. This means that Teekay is distributing 63.56% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Teekay's dividend has grown by 0.00%. This growth may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Teekay (TK) dividend payments have grown 0.00% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Teekay Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $1 | $1 | December 04, 2024 | December 04, 2024 | December 18, 2024 | October 30, 2024 |
| $2.25 | $2.25 | May 20, 2024 | May 21, 2024 | May 31, 2024 | May 09, 2024 |
| $0.2875 | $0.2875 | November 04, 2021 | |||
| $0.055 | $0.055 | January 31, 2019 | February 01, 2019 | February 14, 2019 | January 08, 2019 |
| $0.055 | $0.055 | November 01, 2018 | November 02, 2018 | November 14, 2018 | October 03, 2018 |
| $0.055 | $0.055 | August 02, 2018 | August 03, 2018 | August 15, 2018 | July 05, 2018 |
| $0.055 | $0.055 | May 03, 2018 | May 04, 2018 | May 16, 2018 | April 04, 2018 |
| $0.055 | $0.055 | February 01, 2018 | February 02, 2018 | February 14, 2018 | January 04, 2018 |
| $0.055 | $0.055 | November 02, 2017 | November 03, 2017 | November 15, 2017 | October 03, 2017 |
| $0.055 | $0.055 | August 02, 2017 | August 04, 2017 | August 16, 2017 | July 07, 2017 |
| $0.055 | $0.055 | May 03, 2017 | May 05, 2017 | May 17, 2017 | April 17, 2017 |
| $0.055 | $0.055 | January 25, 2017 | January 27, 2017 | February 15, 2017 | January 05, 2017 |
| $0.055 | $0.055 | October 26, 2016 | October 28, 2016 | November 16, 2016 | October 05, 2016 |
| $0.055 | $0.055 | July 27, 2016 | July 29, 2016 | August 17, 2016 | July 08, 2016 |
| $0.055 | $0.055 | April 27, 2016 | April 29, 2016 | May 19, 2016 | April 04, 2016 |
| $0.055 | $0.055 | February 03, 2016 | February 05, 2016 | February 18, 2016 | January 21, 2016 |
| $0.55 | $0.55 | October 14, 2015 | October 16, 2015 | November 19, 2015 | October 05, 2015 |
| $0.55 | $0.55 | July 15, 2015 | July 17, 2015 | July 31, 2015 | July 06, 2015 |
| $0.31625 | $0.31625 | April 15, 2015 | April 17, 2015 | April 30, 2015 | April 06, 2015 |
| $0.31625 | $0.31625 | January 15, 2015 | January 20, 2015 | January 30, 2015 | January 02, 2015 |
| $0.31625 | $0.31625 | October 15, 2014 | October 17, 2014 | October 31, 2014 | October 06, 2014 |
| $0.31625 | $0.31625 | July 16, 2014 | July 18, 2014 | July 31, 2014 | July 03, 2014 |
| $0.31625 | $0.31625 | April 15, 2014 | April 17, 2014 | April 30, 2014 | April 07, 2014 |
| $0.31625 | $0.31625 | January 15, 2014 | January 17, 2014 | January 31, 2014 | January 06, 2014 |
| $0.31625 | $0.31625 | October 11, 2013 | October 16, 2013 | October 31, 2013 | October 04, 2013 |
| $0.31625 | $0.31625 | July 12, 2013 | July 16, 2013 | July 31, 2013 | July 05, 2013 |
| $0.31625 | $0.31625 | April 12, 2013 | April 16, 2013 | April 30, 2013 | April 05, 2013 |
| $0.31625 | $0.31625 | January 14, 2013 | January 16, 2013 | January 30, 2013 | January 04, 2013 |
| $0.31625 | $0.31625 | October 15, 2012 | October 17, 2012 | October 26, 2012 | October 05, 2012 |
| $0.31625 | $0.31625 | July 13, 2012 | July 17, 2012 | July 27, 2012 | July 06, 2012 |
| $0.31625 | $0.31625 | April 18, 2012 | April 20, 2012 | April 30, 2012 | April 05, 2012 |
| $0.31625 | $0.31625 | January 18, 2012 | January 20, 2012 | January 31, 2012 | January 09, 2012 |
| $0.31625 | $0.31625 | October 19, 2011 | October 21, 2011 | October 31, 2011 | October 06, 2011 |
| $0.31625 | $0.31625 | July 13, 2011 | July 15, 2011 | July 29, 2011 | July 06, 2011 |
| $0.31625 | $0.31625 | April 13, 2011 | April 15, 2011 | April 29, 2011 | April 05, 2011 |
| $0.31625 | $0.31625 | January 12, 2011 | January 14, 2011 | January 28, 2011 | January 06, 2011 |
| $0.31625 | $0.31625 | October 13, 2010 | October 15, 2010 | October 29, 2010 | October 06, 2010 |
| $0.31625 | $0.31625 | July 14, 2010 | July 16, 2010 | July 30, 2010 | July 07, 2010 |
| $0.31625 | $0.31625 | April 14, 2010 | April 16, 2010 | April 30, 2010 | April 07, 2010 |
| $0.31625 | $0.31625 | January 13, 2010 | January 15, 2010 | January 29, 2010 | January 06, 2010 |
| $0.31625 | $0.31625 | October 14, 2009 | October 16, 2009 | October 30, 2009 | October 02, 2009 |
| $0.31625 | $0.31625 | July 08, 2009 | July 10, 2009 | July 24, 2009 | June 05, 2009 |
| $0.31625 | $0.31625 | April 07, 2009 | April 10, 2009 | April 24, 2009 | April 02, 2009 |
| $0.31625 | $0.31625 | January 14, 2009 | January 16, 2009 | January 30, 2009 | January 05, 2009 |
| $0.31625 | $0.31625 | October 15, 2008 | October 17, 2008 | October 31, 2008 | October 07, 2008 |
| $0.275 | $0.275 | July 09, 2008 | July 11, 2008 | July 25, 2008 | July 03, 2008 |
| $0.275 | $0.275 | April 09, 2008 | April 11, 2008 | April 25, 2008 | April 02, 2008 |
| $0.275 | $0.275 | January 09, 2008 | January 11, 2008 | January 25, 2008 | January 04, 2008 |
| $0.275 | $0.275 | October 11, 2007 | October 15, 2007 | October 29, 2007 | October 05, 2007 |
| $0.2375 | $0.2375 | July 11, 2007 | July 13, 2007 | July 27, 2007 | July 03, 2007 |
| $0.2375 | $0.2375 | April 11, 2007 | April 13, 2007 | April 27, 2007 | April 05, 2007 |
| $0.2375 | $0.2375 | January 10, 2007 | January 12, 2007 | January 26, 2007 | January 04, 2007 |
| $0.2375 | $0.2375 | October 11, 2006 | October 13, 2006 | October 27, 2006 | October 05, 2006 |
| $0.2075 | $0.2075 | July 12, 2006 | July 14, 2006 | July 28, 2006 | July 04, 2006 |
| $0.2075 | $0.2075 | April 11, 2006 | April 13, 2006 | April 28, 2006 | April 04, 2006 |
| $0.2075 | $0.2075 | January 11, 2006 | January 13, 2006 | January 27, 2006 | January 05, 2006 |
| $0.2075 | $0.2075 | October 12, 2005 | October 14, 2005 | October 28, 2005 | September 14, 2005 |
| $0.1375 | $0.1375 | July 13, 2005 | July 15, 2005 | July 29, 2005 | July 06, 2005 |
| $0.1375 | $0.1375 | April 13, 2005 | April 15, 2005 | April 29, 2005 | April 07, 2005 |
| $0.1375 | $0.1375 | January 12, 2005 | January 14, 2005 | January 28, 2005 | January 06, 2005 |
| $0.1375 | $0.1375 | October 13, 2004 | October 15, 2004 | October 29, 2004 | September 30, 2004 |
| $0.125 | $0.125 | July 14, 2004 | July 16, 2004 | July 30, 2004 | July 06, 2004 |
| $0.25 | $0.125 | April 14, 2004 | April 16, 2004 | April 30, 2004 | April 07, 2004 |
| $0.25 | $0.125 | January 14, 2004 | January 16, 2004 | January 30, 2004 | January 06, 2004 |
| $0.25 | $0.125 | October 15, 2003 | October 17, 2003 | October 31, 2003 | October 07, 2003 |
| $0.215 | $0.1075 | July 15, 2003 | July 17, 2003 | July 31, 2003 | July 02, 2003 |
| $0.8861 | $0.44306 | April 29, 2003 | |||
| $0.215 | $0.1075 | April 14, 2003 | April 16, 2003 | April 30, 2003 | April 04, 2003 |
| $0.215 | $0.1075 | January 15, 2003 | January 17, 2003 | January 31, 2003 | January 06, 2003 |
| $0.215 | $0.1075 | October 15, 2002 | October 17, 2002 | October 31, 2002 | October 03, 2002 |
| $0.215 | $0.1075 | July 15, 2002 | July 17, 2002 | July 31, 2002 | July 05, 2002 |
| $0.215 | $0.1075 | April 12, 2002 | April 16, 2002 | April 30, 2002 | April 04, 2002 |
| $0.215 | $0.1075 | January 15, 2002 | January 17, 2002 | January 31, 2002 | January 04, 2002 |
| $0.215 | $0.1075 | October 15, 2001 | October 17, 2001 | October 31, 2001 | October 03, 2001 |
| $0.215 | $0.1075 | July 13, 2001 | July 17, 2001 | July 31, 2001 | July 05, 2001 |
| $0.215 | $0.1075 | April 11, 2001 | April 16, 2001 | April 30, 2001 | April 04, 2001 |
| $0.215 | $0.1075 | January 12, 2001 | January 17, 2001 | January 31, 2001 | January 03, 2001 |
| $0.215 | $0.1075 | October 13, 2000 | October 17, 2000 | October 31, 2000 | October 03, 2000 |
| $0.215 | $0.1075 | July 13, 2000 | July 17, 2000 | July 31, 2000 | July 05, 2000 |
| $0.215 | $0.1075 | April 12, 2000 | April 14, 2000 | April 28, 2000 | April 04, 2000 |
| $0.215 | $0.1075 | January 12, 2000 | January 17, 2000 | January 31, 2000 | January 05, 2000 |
| $0.215 | $0.1075 | October 13, 1999 | October 15, 1999 | October 29, 1999 | October 01, 1999 |
| $0.215 | $0.1075 | July 14, 1999 | July 16, 1999 | July 30, 1999 | July 02, 1999 |
| $0.215 | $0.1075 | April 14, 1999 | April 16, 1999 | April 30, 1999 | April 07, 1999 |
| $0.215 | $0.1075 | January 13, 1999 | January 18, 1999 | January 29, 1999 | January 06, 1999 |
| $0.215 | $0.1075 | October 14, 1998 | October 16, 1998 | October 30, 1998 | October 01, 1998 |
| $0.215 | $0.1075 | July 15, 1998 | July 17, 1998 | July 31, 1998 | July 02, 1998 |
| $0.215 | $0.1075 | April 15, 1998 | April 17, 1998 | April 30, 1998 | April 02, 1998 |
| $0.215 | $0.1075 | January 14, 1998 | January 19, 1998 | January 30, 1998 | January 06, 1998 |
| $0.215 | $0.1075 | October 10, 1997 | October 15, 1997 | October 30, 1997 | October 03, 1997 |
| $0.215 | $0.1075 | July 10, 1997 | July 14, 1997 | July 30, 1997 | July 02, 1997 |
| $0.215 | $0.1075 | April 09, 1997 | April 11, 1997 | April 30, 1997 | April 02, 1997 |
| $0.215 | $0.1075 | January 15, 1997 | January 17, 1997 | January 30, 1997 | January 08, 1997 |
| $0.215 | $0.1075 | October 15, 1996 | October 17, 1996 | October 30, 1996 | October 07, 1996 |
| $0.215 | $0.1075 | July 17, 1996 | July 19, 1996 | July 31, 1996 | July 08, 1996 |
| $0.215 | $0.1075 | April 17, 1996 | April 19, 1996 | April 30, 1996 | April 09, 1996 |
| $1.6 | $0.8 | February 02, 1996 | |||
| $0.215 | $0.1075 | January 10, 1996 | January 15, 1996 | January 30, 1996 | January 05, 1996 |
| $0.215 | $0.1075 | October 12, 1995 | October 16, 1995 | October 30, 1995 | October 05, 1995 |
Frequently Asked Questions
Teekay currently pays an annual dividend of $3.25 per share. This means that for each share you own, you'll receive $3.25 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
Teekay's current dividend yield is 13.44%. This means that if you invest $100 in Teekay's stock at the current price, you can expect to receive approximately $13.44 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for Teekay was December 04, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Teekay's investor relations page or financial news sources for the next ex-dividend date announcement.
Teekay's dividend payout ratio is currently 63.56%. This means that the company is distributing 63.56% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, Teekay paid a total of $85.02M in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Teekay distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, Teekay's dividend has grown by 0.00%. This growth rate provides insight into the company's dividend policy and financial health over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings and commitment to returning value to shareholders.