SmarterDividends
TNK

Teekay Tankers Ltd.

TNK

Energy · Stock · quarterly payer

Forward Yield

1.43%

Annual Dividend

$1.00

Payout Ratio

8%

5-Yr Growth

Ex-Date

May 26, 2026

Frequency

Quarterly

TNK Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2017
Earnings payout coverage8% of earnings paid out
Free-cash-flow coverage81% of free cash flow
Balance-sheet strengthDebt/equity of 1.98
Yield vs its historyYield in line with its history

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 TNK a good dividend stock?

Yes, with caveats

Teekay Tankers Ltd. (TNK) pays a quarterly dividend yielding 1.43% ($1.00/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (8%)
  • 398% total price return over 5 years

Risks

  • Cut its dividend in 2017

Key Data

Dividend Yield
1.43%
Payout Ratio
8%
Annual Dividend
$1.00
5-Yr Avg Growth
Ex-Dividend Date
May 26, 2026
Years of Growth
4
Frequency
quarterly
Beta
-0.27
Market Cap
$2.4B
P/E Ratio
5.7
5-Yr Total Return
398%
52-Week Range
$41.05 – $83.99
Dividend Safety
C · 60/100
Ever Cut?
Yes (2017)
TNK ex-dividend date & scheduleNext ex-date May 26, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.00 / yr per share

Per payment (quarterly)$25.00
Annual$100.00
Monthly avg$8.33