Teekay Corporation (TK) Dividend History
Income profile from 1995 to 2025 with payout safety and yield-on-cost trend
TK Dividend Income Check
Safety
63.6% payout ratio with watch safety profile.
Consistency
3 straight years of dividend increases.
Income Trend
Yield on cost is 42.2% and trend is unknown.
TK Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). TK's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
TK Income Growth Story
Dividend per share and yield on cost over time (27 years of payments)
TK Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Teekay Corporation distributes 63.6% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 35.3%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
TK has raised its dividend for 3 consecutive years, with a 3-year CAGR of 7.3% and 5-year CAGR of 75.4%.
Total Shareholder Returns
Beyond cash dividends, TK returns capital through share repurchases. The combined picture: 6.7% dividend yield, 10.2% buyback yield, 16.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 42.2% and is currently unknown. The 5-year total return is 422.5%, with dividends contributing 124.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $18,775 today.
TK Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jul 2, 2025Latest | $1.0000 | — | 26.49% | Jul 16, 2025 |
| Dec 4, 2024 | $1.0000 | ↓ -55.6% | 50.31% | Dec 18, 2024 |
| May 20, 2024 | $2.2500 | ↑ +3990.9% | 24.09% | May 31, 2024 |
| Jan 31, 2019 | $0.0550 | — | 6.27% | Feb 14, 2019 |
| Nov 1, 2018 | $0.0550 | — | 3.21% | Nov 14, 2018 |
| Aug 2, 2018 | $0.0550 | — | 3.09% | Aug 15, 2018 |
| May 3, 2018 | $0.0550 | — | 2.53% | May 16, 2018 |
| Feb 1, 2018 | $0.0550 | — | 2.66% | Feb 14, 2018 |
TK Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd | $1.1B | 6.7% | 63.6% | 3 | Watch |
| $8.4B | 5.2% | 87.6% | 0 | At Risk | |
| $4.2B | 3.4% | 46.8% | 0 | Sustainable | |
2nd | $1.2B | 7.2% | 1.9% | 0 | Sustainable |
| $2.8B | 2.5% | 19.6% | 0 | Sustainable | |
| $3.1B | 3.9% | 56.3% | 0 | Sustainable | |
1st | $1.7B | 9.4% | 2.2% | 2 | Sustainable |
| $5.7B | 5.5% | 4.7% | 5 | Sustainable | |
| $211M | 1.7% | — | 0 | Unknown |
TK Annual Dividend History (1994–2025)
32 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $1.00 | -69.2% | 1 | — | — | — | 42.2% |
| 2024 | $3.25 | — | 2 | $1.42 | 228.9% | 0.44x | 137.1% |
| 2023 | $0.00 | — | 0 | $1.54 | — | — | — |
| 2022 | $0.00 | — | 0 | $0.76 | — | — | — |
| 2021 | $0.00 | — | 0 | $0.08 | — | — | — |
| 2020 | $0.00 | -100.0% | 0 | $-0.82 | — | — | — |
| 2019 | $0.06 | -75.0% | 1 | $-3.08 | — | — | 2.3% |
| 2018 | $0.22 | 0.0% | 4 | $-0.79 | — | — | 9.3% |
| 2017 | $0.22 | 0.0% | 4 | $-1.76 | — | — | 9.3% |
| 2016 | $0.22 | -87.3% | 4 | $-1.62 | — | — | 9.3% |
See TK's True Return
Price is only half the story. See total return with reinvested dividends.
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DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TK vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonTK — Frequently Asked Questions
Quick answers to the most common questions about buying TK stock.
How much dividend does TK pay per share?
Teekay Corporation (TK) pays a trailing 12-month dividend of $0.91 per share, with a current dividend yield of +6.7%. Payments are made Annual.
When is TK's next ex-dividend date?
TK's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TK typically pays dividends Annual.
Is TK's dividend safe?
TK's dividend safety is rated "Watch" based on an earnings payout ratio of +63.6% and FCF payout ratio of +35.3%. The 3-year growth streak provides moderate confidence.
Is TK a Dividend Payer?
Yes, Teekay Corporation is classified as a Dividend Payer with 3 consecutive years of dividend increases. The 5-year dividend CAGR is +75.4%, demonstrating above-inflation dividend growth.
How often does TK pay dividends?
Teekay Corporation pays dividends Annual. The trailing 12-month total is $0.91 per share. Dividend data on this page covers 30+ years from 1995 to 2025.
How much would $10,000 invested in TK grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TK five years ago would be worth approximately $52,251 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TK's yield on cost for long-term holders?
TK's yield on cost — the current dividend divided by the original purchase price — is +42.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +6.7% market yield, thanks to consistent dividend growth.