SmarterDividends
TK

Teekay Corporation Ltd.

TK

Energy · Oil & Gas Midstream · Stock · annual payer

$14.86

Undervalued · +93% Add to Portfolio

Forward Yield

6.73%

Annual Dividend

$1.00

Payout Ratio

0%

5-Yr Growth

—

Ex-Date

May 26, 2026

Frequency

Annual

Key facts about TK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Teekay Corporation Ltd. (TK) has a forward dividend yield of 6.73%, based on an annual dividend of $1.00 per share and a share price of $14.86.
  • As of Oct 27, 2026, TK's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
  • TK last cut its regular dividend in 2016.
  • TK's most recent ex-dividend date was May 26, 2026, for a dividend of $1.00 per share.
  • As of Oct 27, 2026, TK's 6.73% yield is 45% below its five-year average yield of 12.32%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for TK is $28.69 per share, 93% above the $14.86 share price, so TK screens as undervalued.
  • Teekay Corporation Ltd. (TK) pays its dividend annual, once a year.
  • Teekay Corporation Ltd. (TK) has raised its regular dividend 8 times and cut it 1 time across the 97 payments on record since 1995. Its most recent change was a 90.0% cut to $0.0550 per share, going ex-dividend on Feb 3, 2016.
Cite this page

SmarterDividends, "TK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/TK

Summary

As of Oct 27, 2026, Teekay Corporation Ltd. (TK) yields 6.73% ($1.00 a year per share) and has a dividend safety grade of C (53/100).

Is TK a good dividend stock?

Mixed

Teekay Corporation Ltd. (TK) pays a annual dividend yielding 6.73% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • 343% total price return over 5 years

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
6.73%
Payout Ratio
0%
Annual Dividend
$1.00
5-Yr Avg Growth
—
Ex-Dividend Date
May 26, 2026
Years of Growth
0
Frequency
annual
Beta
0.24
Market Cap
$1.3B
P/E Ratio
7.2
5-Yr Total Return
343%
52-Week Range
$8.67 – $15.90
Dividend Safety
C · 53/100
Ever Cut?
Yes (2016)

TK dividend raises and cuts

Teekay Corporation Ltd. (TK) has raised its regular dividend 8 times and cut it 1 time across the 97 payments on record since 1995. Its most recent change was a 90.0% cut to $0.0550 per share, going ex-dividend on Feb 3, 2016.

Ex-dateChangeOld → newMove
Feb 3, 2016Cut$0.550 → $0.0550−90.0%
Jul 15, 2015Raise$0.316 → $0.550+74.1%
Oct 15, 2008Raise$0.275 → $0.316+14.9%
Oct 11, 2007Raise$0.238 → $0.275+15.5%
Oct 11, 2006Raise$0.208 → $0.238+14.4%
Oct 12, 2005Raise$0.138 → $0.208+50.7%
Oct 13, 2004Raise$0.125 → $0.138+10.4%
Oct 15, 2003Raise$0.108 → $0.125+16.3%
Jul 14, 1999Raise$0.108 → $0.108+0.5%
Every TK payment →Download every raise and cut (CSV)
TK ex-dividend date & scheduleNext ex-date May 26, 2026 · full ex-dividend historyView →TK dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TK a good dividend stock?

Mixed. Teekay Corporation Ltd. (TK) pays a annual dividend yielding 6.73% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is TK undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TK's fair value is about $28.69 versus a $14.86 share price — so it looks undervalued (+93% vs. fair value).

Is TK's dividend safe?

TK has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2016, debt and yield-versus-history.

What is TK's fair value?

Our blended fair-value estimate for TK is about $28.69 per share, roughly 93% above the current $14.86 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TK a buy, hold, or sell?

We don't issue formal ratings, but on the data TK screens as "mixed" and undervalued. Teekay Corporation Ltd. (TK) pays a annual dividend yielding 6.73% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will TK cut its dividend?

TK earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TK pay a dividend?

Yes. Teekay Corporation Ltd. pays a annual dividend of about $1.00 per share annually, a forward yield of roughly 6.73%.

What is TK's dividend yield?

As of Oct 27, 2026, TK's forward dividend yield is 6.73%, based on a $1.00 annual dividend and a $14.86 share price.

What is TK's dividend per share?

As of Oct 27, 2026, TK pays $1.00 per share per year, distributed on a annual basis.

What is TK's dividend payout ratio?

As of Oct 27, 2026, TK's payout ratio is 0% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has TK grown its dividend?

TK does not currently have a long dividend-growth streak on record.

When is the next TK ex-dividend date?

As of Oct 27, 2026, TK's next ex-dividend date hasn't been announced. The most recent was May 26, 2026, for $1.00 per share.

Income Calculator

At $1.00 / yr per share

Per payment (annual)$100.00
Annual$100.00
Monthly avg$8.33

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