Teekay Tankers Dividend
Dividend criteria checks 4/6
Teekay Tankers is a dividend paying company with a current yield of 4.12% that is well covered by earnings.
Key information
4.1%
Dividend yield
7%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €14.28 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3TKA's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3TKA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Teekay Tankers Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3TKA) | 4.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Oil and Gas) | 3.0% |
Analyst forecast in 3 Years (3TKA) | 3.3% |
Notable Dividend: 3TKA's dividend (4.12%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: 3TKA's dividend (4.12%) is low compared to the top 25% of dividend payers in the German market (4.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7%), 3TKA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.8%), 3TKA's dividend payments are well covered by cash flows.