Teekay Corporation Ltd.
TKEnergy · Stock · semiannual payer
Forward Yield
9.40%
Annual Dividend
$1.00
Payout Ratio
0%
5-Yr Growth
—
Ex-Date
May 26, 2026
Frequency
Semiannual
Summary
As of July 2026, Teekay Corporation Ltd. (TK) yields 9.40% ($1.00 per share annually), with a blended fair-value estimate of $34.37 — +223% upside, so it screens as undervalued. Dividend safety grade: C (51/100).
Is TK a good dividend stock?
MixedTeekay Corporation Ltd. (TK) pays a semiannual dividend yielding 9.40% ($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
- 251% total price return over 5 years
Risks
- Cut its dividend in 2016
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 9.40%
- Payout Ratio
- 0%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 26, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.13
- Market Cap
- $925.8M
- P/E Ratio
- 9.4
- 5-Yr Total Return
- 251%
- 52-Week Range
- $7.12 – $14.38
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
TK Price — Last 12 Months
Daily close
Price Return
1 Year
+30%
3 Years
+66%
5 Years
+251%
52-Week Range
$7.12 – $14.38
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TK worth?
Undervaluedlow confidenceOur blended fair-value estimate for Teekay Corporation Ltd. is $34.37 per share, versus a market price of $10.64. That implies 223% of upside — a margin of safety of about 69%.
Fair Value
$34.37
Current Price
$10.64
Upside
+223%
Margin of Safety
69%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 16.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 16.3% stage-1 growth, 2.5% terminal growth, $1.13 EPS, $1.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TK Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 26, 2026 | — | $1.0000 | regular |
| Jul 2, 2025 | — | $1.0000 | regular |
| Dec 4, 2024 | — | $1.0000 | regular |
| Jan 31, 2019 | — | $0.0550 | regular |
| Nov 1, 2018 | — | $0.0550 | regular |
| Aug 2, 2018 | — | $0.0550 | regular |
| May 3, 2018 | — | $0.0550 | regular |
| Feb 1, 2018 | — | $0.0550 | regular |
| Nov 2, 2017 | — | $0.0550 | regular |
| Aug 2, 2017 | — | $0.0550 | regular |
| May 3, 2017 | — | $0.0550 | regular |
| Jan 25, 2017 | — | $0.0550 | regular |
| Oct 26, 2016 | — | $0.0550 | regular |
| Jul 27, 2016 | — | $0.0550 | regular |
Income Calculator
At $1.00 / yr per share
