Teekay Tankers Ltd.
TNKEnergy · Stock · quarterly payer
Forward Yield
1.33%
Annual Dividend
$1.00
Payout Ratio
8%
5-Yr Growth
—
Ex-Date
May 26, 2026
Frequency
Quarterly
Summary
As of June 2026, Teekay Tankers Ltd. (TNK) yields 1.33% ($1.00 per share annually), with a blended fair-value estimate of $141.60 — +88% upside, so it screens as undervalued. Dividend safety grade: C (60/100).
Is TNK a good dividend stock?
Yes, with caveatsTeekay Tankers Ltd. (TNK) pays a quarterly dividend yielding 1.33% ($1.00/yr), with 0 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%)
- 423% total price return over 5 years
Risks
- Cut its dividend in 2017
Key Data
- Dividend Yield
- 1.33%
- Payout Ratio
- 8%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 26, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.27
- Market Cap
- $2.6B
- P/E Ratio
- 6.1
- 5-Yr Total Return
- 423%
- 52-Week Range
- $41.05 – $83.99
- Dividend Safety
- C · 60/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
TNK Price — Last 12 Months
Daily close
Price Return
1 Year
+81%
3 Years
+97%
5 Years
+423%
52-Week Range
$41.05 – $83.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TNK worth?
Undervaluedlow confidenceOur blended fair-value estimate for Teekay Tankers Ltd. is $141.60 per share, versus a market price of $75.40. That implies 88% of upside — a margin of safety of about 47%.
Fair Value
$141.60
Current Price
$75.40
Upside
+88%
Margin of Safety
47%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $12.31 EPS, $1.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TNK 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 | — | $1.2500 | regular |
| Mar 2, 2026 | — | $0.2500 | regular |
| Aug 11, 2025 | — | $0.2500 | regular |
| May 19, 2025 | — | $1.2500 | regular |
| Mar 3, 2025 | — | $0.2500 | regular |
| Nov 12, 2024 | — | $0.2500 | regular |
| Aug 12, 2024 | — | $0.2500 | regular |
| May 20, 2024 | — | $2.2500 | regular |
| Mar 1, 2024 | — | $0.2500 | regular |
| Nov 13, 2023 | — | $0.2500 | regular |
| Aug 11, 2023 | — | $0.2500 | regular |
| May 19, 2023 | — | $1.2500 | regular |
| Mar 2, 2018 | — | $0.2400 | regular |
| Nov 17, 2017 | — | $0.2400 | regular |
Income Calculator
At $1.00 / yr per share
