Teekay Tankers Ltd.
Reinvesting dividends added $611.04 extra to your Teekay Tankers Ltd. investment over this period.
| Ex-Date | Dividend | Reinvest Price | Shares Added |
|---|---|---|---|
| 2025-03-03 | $0.25 | $37.60 | +0.006649 |
| 2025-05-19 | $1.25 | $45.48 | +0.027667 |
| 2025-08-11 | $0.25 | $43.29 | +0.005973 |
| 2025-11-10 | $0.25 | $61.14 | +0.004254 |
Teekay Tankers Ltd. (TNK) is a dividend-paying stock. Over the past year, the company paid 4 dividends totaling $2.0000 per share. When these dividends are reinvested through a DRIP (Dividend Reinvestment Plan), they purchase additional shares, which then generate their own dividends—creating a compounding effect that can significantly boost long-term returns.
Our total return calculator simulates dividend reinvestment (DRIP) by assuming each dividend payment is used to purchase additional shares at the closing price on the ex-dividend date. This methodology provides an accurate representation of how a dividend reinvestment plan would perform. The calculation accounts for the compounding effect where reinvested dividends generate their own future dividends.
Teekay Tankers Ltd. (TNK) delivered a total return of 43.29% over the past year when dividends are reinvested. The price-only return was 37.18%, meaning dividends contributed an additional 6.11 percentage points to total returns.
A $10,000 investment in Teekay Tankers Ltd. one year ago would be worth $14,329 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $13,718. Dividend reinvestment added $611 to the portfolio value.
Yes, Teekay Tankers Ltd. (TNK) pays dividends. Over the past year, TNK paid 4 dividends totaling $2.0000 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.
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