Teekay Corporation (TK) Dividend History
Income profile from 1995 to 2026 with payout safety and yield-on-cost trend
TK Dividend Income Check
Safety
86.9% payout ratio with at risk safety profile.
Consistency
0 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 (28 years of payments)
TK Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Teekay Corporation distributes 86.9% of earnings as dividends (At Risk). When measured against free cash flow—a stricter test—the payout ratio stands at 35.7%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
TK does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 2.4% and 5-year CAGR of 32.5%.
Total Shareholder Returns
Beyond cash dividends, TK returns capital through share repurchases. The combined picture: 8.3% dividend yield, 0.5% buyback yield, 8.8% 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 363.8%, with dividends contributing 141.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $23,655 today.
TK Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 26, 2026Latest | $1.0000 | — | 16.33% | Jun 2, 2026 |
| Jul 2, 2025 | $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 |
TK Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd | $1.0B | 8.3% | 86.9% | 0 | At Risk |
| $9.1B | 2.3% | 54.6% | 0 | Sustainable | |
| $4.2B | 3.5% | 46.8% | 1 | Sustainable | |
3rd | $1.2B | 6.8% | 6.9% | 1 | Sustainable |
| $2.6B | 2.7% | 19.6% | 0 | Sustainable | |
| $3.0B | 3.9% | 56.3% | 0 | Sustainable | |
1st | $1.6B | 10.1% | 2.2% | 0 | Sustainable |
| $5.0B | 6.1% | 4.7% | 0 | Sustainable | |
| $124M | 2.9% | — | 0 | Unknown |
TK Annual Dividend History (1994–2026)
33 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.00 | — | 1 | — | — | — | 42.2% |
| 2025 | $1.00 | -69.2% | 1 | $1.14 | 87.7% | 1.14x | 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% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
31+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TK — 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 $0.99 per share, with a current dividend yield of +8.3%. 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 "At Risk" based on an earnings payout ratio of +86.9% and FCF payout ratio of +35.7%. The dividend history does not yet show a prolonged growth streak.
How many years has TK increased its dividend?
TK has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +32.5%.
How often does TK pay dividends?
Teekay Corporation pays dividends Annual. The trailing 12-month total is $0.99 per share. Dividend data on this page covers 31+ years from 1995 to 2026.
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 $46,378 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 +8.3% market yield, thanks to consistent dividend growth.