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
$1.00
Forward Annual Dividend Rate
$1.00
Yield
Trailing Annual Dividend Yield
1.61%
Forward Annual Dividend Yield
3.1%
Dividend Date
Dividend Date
Nov 21, 2025
Ex-dividend Date
Nov 10, 2025
6.34 %
21.29
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 29, 2025 | 0.25 | Nov 10, 2025 | Nov 10, 2025 | Nov 21, 2025 |
| Jul 30, 2025 | 0.25 | Aug 11, 2025 | Aug 11, 2025 | Aug 22, 2025 |
| May 07, 2025 | 1 | May 19, 2025 | May 19, 2025 | May 30, 2025 |
| Feb 19, 2025 | 0.25 | Mar 03, 2025 | Mar 03, 2025 | Mar 14, 2025 |
| Oct 30, 2024 | 0.25 | Nov 12, 2024 | Nov 12, 2024 | Nov 22, 2024 |
| Aug 01, 2024 | 0.25 | Aug 12, 2024 | Aug 12, 2024 | Aug 23, 2024 |
| May 09, 2024 | 2 | May 20, 2024 | May 21, 2024 | May 31, 2024 |
| Feb 22, 2024 | 0.25 | Mar 01, 2024 | Mar 04, 2024 | Mar 15, 2024 |
| Nov 02, 2023 | 0.25 | Nov 13, 2023 | Nov 14, 2023 | Nov 27, 2023 |
| Aug 03, 2023 | 0.25 | Aug 11, 2023 | Aug 14, 2023 | Aug 25, 2023 |
| May 11, 2023 | 1 | May 19, 2023 | May 22, 2023 | Jun 02, 2023 |
| Feb 21, 2018 | 0.03 | Mar 02, 2018 | Mar 05, 2018 | Mar 09, 2018 |
| Nov 08, 2017 | 0.03 | Nov 17, 2017 | Nov 20, 2017 | Nov 24, 2017 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Nov 25, 2019 | 1:8 | -0.40% | -3.70% |
Frequently Asked Questions
Is Teekay Tankers Ltd. (TNK) 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 Tankers Ltd. is also among the companies that regularly pay dividends.
What is TNK'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%. TNK's annual dividend yield for the trailing 12 months is 1.61.
When did TNK last pay a dividend?
TNK last paid dividends on 2025-11-21, with the ex-dividend date being 2025-11-10.
When was the last time TNK stock split?
TNK stock split took place on 25-11-2019.
How did TNK's stock split work?
Its last split took place on Nov 25, 2019, when Teekay Tankers Ltd. went through a 1:8 split leaving the shareholder with 1 share(s) who previously owned 8 TNK share(s).