SmarterDividends
TK

Teekay Corporation Ltd.

TK

Energy · Stock · semiannual payer

Forward Yield

17.54%

Annual Dividend

$2.00

Payout Ratio

0%

5-Yr Growth

Ex-Date

May 26, 2026

Frequency

Semiannual

TK Dividend Safety Score

46/ 100
Grade D

Risky

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2016
Earnings payout coverageNegative earnings
Balance-sheet strengthDebt/equity of 2.14
Yield vs its historyYield is 1.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is TK a good dividend stock?

Mixed

Teekay Corporation Ltd. (TK) pays a semiannual dividend yielding 17.54% ($2.00/yr), with 5 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • 215% total price return over 5 years

Risks

  • Cut its dividend in 2016
  • Very high yield can signal elevated risk
  • Below-average dividend safety score

Key Data

Dividend Yield
17.54%
Payout Ratio
0%
Annual Dividend
$2.00
5-Yr Avg Growth
Ex-Dividend Date
May 26, 2026
Years of Growth
5
Frequency
semiannual
Beta
0.10
Market Cap
$991.9M
P/E Ratio
10.1
5-Yr Total Return
215%
52-Week Range
$7.12 – $14.38
Dividend Safety
D · 46/100
Ever Cut?
Yes (2016)
TK ex-dividend date & scheduleNext ex-date May 26, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.00 / yr per share

Per payment (semiannual)$100.00
Annual$200.00
Monthly avg$16.67