Teekay Tankers Ltd.

NYSE:TNK Stock Report

Market Cap: US$1.6b

Teekay Tankers Dividends and Buybacks

Dividend criteria checks 4/6

Teekay Tankers is a dividend paying company with a current yield of 4.4% that is well covered by earnings. Next payment date is on 22nd August, 2025 with an ex-dividend date of 11th August, 2025.

Key information

4.4%

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield4.3%
Future Dividend Yield4.2%
Dividend Growth2.7%
Next dividend pay date22 Aug 25
Ex dividend date11 Aug 25
Dividend per sharen/a
Payout ratio37%

Recent dividend and buyback updates

Recent updates

Teekay Tankers: A Strait Of Hormuz Play With Over 40% Of Market Cap In Net Cash

Jun 23

Teekay Tankers Ltd.'s (NYSE:TNK) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

May 09
Teekay Tankers Ltd.'s (NYSE:TNK) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Returns Are Gaining Momentum At Teekay Tankers (NYSE:TNK)

May 03
Returns Are Gaining Momentum At Teekay Tankers (NYSE:TNK)

Teekay Tankers Is Cheap With Cash Equivalent To 39% Of Its Capitalization

Apr 22

Teekay Is Not A 'Dhando' Bet At Current Prices

Mar 07

There Might Be More To Teekay Tankers' (NYSE:TNK) Story Than Just Weak Earnings

Feb 26
There Might Be More To Teekay Tankers' (NYSE:TNK) Story Than Just Weak Earnings

There's No Escaping Teekay Tankers Ltd.'s (NYSE:TNK) Muted Earnings Despite A 27% Share Price Rise

Jan 15
There's No Escaping Teekay Tankers Ltd.'s (NYSE:TNK) Muted Earnings Despite A 27% Share Price Rise

Teekay Tankers: Watch Out For Geopolitics In 2025

Dec 16

Teekay Tankers: Significant Free Cash Flow Generation With 35% Of Market Cap In Net Cash

Dec 09

Lacklustre Performance Is Driving Teekay Tankers Ltd.'s (NYSE:TNK) 25% Price Drop

Nov 06
Lacklustre Performance Is Driving Teekay Tankers Ltd.'s (NYSE:TNK) 25% Price Drop

Teekay Tankers: Mediocre Fleet And Unattractive Shareholder Returns

Nov 05

Returns on Capital Paint A Bright Future For Teekay Tankers (NYSE:TNK)

Oct 22
Returns on Capital Paint A Bright Future For Teekay Tankers (NYSE:TNK)

Teekay Tankers: When Cheap Valuation And Solid Balance Sheet Are Not Enough; Rating Downgrade

Sep 14
author-image

Trans Mountain Expansion Fuels Growth Amid Market Volatility And Analysts' Mixed Earnings Outlook

Strategic fleet renewal and the positive tanker market fundamentals suggest improved revenue stability and growth prospects.

Teekay Tankers: Navigating Challenges, Seizing Opportunities Amid Favorable Market Dynamics

Aug 05

Teekay Tankers (NYSE:TNK) Has Affirmed Its Dividend Of $0.25

Aug 04
Teekay Tankers (NYSE:TNK) Has Affirmed Its Dividend Of $0.25

Why The 27% Return On Capital At Teekay Tankers (NYSE:TNK) Should Have Your Attention

Jun 18
Why The 27% Return On Capital At Teekay Tankers (NYSE:TNK) Should Have Your Attention

Teekay Tankers: Big Cash Flow, A Strong Balance Sheet, And A Powerful Uptrend

Jun 13

Teekay Tankers Ltd.'s (NYSE:TNK) Low P/E No Reason For Excitement

Apr 29
Teekay Tankers Ltd.'s (NYSE:TNK) Low P/E No Reason For Excitement

Teekay Tankers: Low Tanker Fleet Growth Points To Years Of High Profits

Apr 01

Teekay Tankers: Bulletproof Balance Sheet And 11% Loan To Value At A Reasonable Price

Feb 28

Investors Shouldn't Overlook Teekay Tankers' (NYSE:TNK) Impressive Returns On Capital

Feb 23
Investors Shouldn't Overlook Teekay Tankers' (NYSE:TNK) Impressive Returns On Capital

Party Time: Brokers Just Made Major Increases To Their Teekay Tankers Ltd. (NYSE:TNK) Earnings Forecasts

Feb 01
Party Time: Brokers Just Made Major Increases To Their Teekay Tankers Ltd. (NYSE:TNK) Earnings Forecasts

Teekay Tankers: A Strong Buy In The Mid-Sized Tankers Market

Jan 04

Some Shareholders Feeling Restless Over Teekay Tankers Ltd.'s (NYSE:TNK) P/S Ratio

Dec 21
Some Shareholders Feeling Restless Over Teekay Tankers Ltd.'s (NYSE:TNK) P/S Ratio

Teekay Tankers Q3 2023: Sailing Away On Strong Earnings And Favorable Market Dynamics

Nov 04

Teekay Tankers: Still-High Tanker Rates, Debt Repayments, Bullish Price Consolidation

Oct 15

Shareholders Would Enjoy A Repeat Of Teekay Tankers' (NYSE:TNK) Recent Growth In Returns

Sep 27
Shareholders Would Enjoy A Repeat Of Teekay Tankers' (NYSE:TNK) Recent Growth In Returns

Teekay Tankers: A 'Hold' Amidst Rising Tides

Aug 04

Teekay Tankers (NYSE:TNK) Could Become A Multi-Bagger

Jun 28
Teekay Tankers (NYSE:TNK) Could Become A Multi-Bagger

Teekay Tankers: Downgrade To Hold On Deteriorating Economic Growth

Jun 25

Calculating The Intrinsic Value Of Teekay Tankers Ltd. (NYSE:TNK)

Jun 06
Calculating The Intrinsic Value Of Teekay Tankers Ltd. (NYSE:TNK)

Teekay Tankers: A Cautionary Tale Amid Industry Hype

May 30

Upcoming Dividend Payment

TodayAug 07 2025Ex Dividend DateAug 11 2025Dividend Pay DateAug 22 202511 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TNK's dividend payments have been volatile in the past 10 years.

Growing Dividend: TNK's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

Teekay Tankers Dividend Yield vs Market
How does TNK dividend yield compare to the market?
SegmentDividend Yield
Company (TNK)4.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Oil and Gas)4.1%
Analyst forecast (TNK) (up to 3 years)4.2%

Notable Dividend: TNK's dividend (4.4%) is higher than the bottom 25% of dividend payers in the US market (1.5%).

High Dividend: TNK's dividend (4.4%) is low compared to the top 25% of dividend payers in the US market (4.59%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.7%), TNK's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), TNK's dividend payments are well covered by cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/06 12:40
End of Day Share Price 2025/08/06 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Teekay Tankers Ltd. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brandon OglenskiBarclays
Kenneth HoexterBofA Global Research
Matthew TroyCitigroup Inc