STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
7.07%
Dividend Date
Dividend Date
Jul 16, 2025
Ex-dividend Date
Jul 02, 2025
N/A %
71.85
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| May 07, 2025 | 1 | Jul 02, 2025 | Jul 02, 2025 | Jul 16, 2025 |
| Oct 30, 2024 | 1 | Dec 04, 2024 | Dec 04, 2024 | Dec 18, 2024 |
| Jan 08, 2019 | 0.055 | Jan 31, 2019 | Feb 01, 2019 | Feb 14, 2019 |
| Oct 03, 2018 | 0.055 | Nov 01, 2018 | Nov 02, 2018 | Nov 14, 2018 |
| Jul 05, 2018 | 0.055 | Aug 02, 2018 | Aug 03, 2018 | Aug 15, 2018 |
| Apr 04, 2018 | 0.055 | May 03, 2018 | May 04, 2018 | May 16, 2018 |
| Jan 05, 2018 | 0.055 | Feb 01, 2018 | Feb 02, 2018 | Feb 14, 2018 |
| Oct 03, 2017 | 0.055 | Nov 02, 2017 | Nov 03, 2017 | Nov 15, 2017 |
| Jul 07, 2017 | 0.055 | Aug 02, 2017 | Aug 04, 2017 | Aug 16, 2017 |
| Apr 03, 2017 | 0.055 | May 03, 2017 | May 05, 2017 | May 17, 2017 |
| Jan 03, 2017 | 0.055 | Jan 25, 2017 | Jan 27, 2017 | Feb 15, 2017 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 18, 2004 | 2:1 | -1.09% | -1.04% |
Frequently Asked Questions
Is Teekay Corporation (TK) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Teekay Corporation is also among the companies that regularly pay dividends.
What is TK's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. TK's annual dividend yield for the trailing 12 months is N/A.
When did TK last pay a dividend?
TK last paid dividends on 2025-07-16, with the ex-dividend date being 2025-07-02.
When was the last time TK stock split?
TK stock split took place on 18-05-2004.
How did TK's stock split work?
Its last split took place on May 18, 2004, when Teekay Corporation went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 TK share(s).