It is rare that a publicly traded company gives useful information about upcoming prospects or distributions. Teekay Tankers [[TNK]] has released a useful report that helps the investor forecast the next quarters (1st quarter) dividend and allow stockholders to extrapolate upcoming payouts. You can get the report here: tk_tankers_charter_extension_contributes_to_sustainability_of_dividends
My extrapolation from the info in the report puts to 1st quarter dividend at about 47¢ per share. Teekay Tankers, like Nordic American Tankers is a full payout of free cash flow with little or no debt shipping company. They seem like a pretty good place to have a little money in the current market environment.
Some useful information from Teekay Tankers
It is rare that a publicly traded company gives useful information about upcoming prospects or distributions. Teekay Tankers [[TNK]] has released a useful report that helps the investor forecast the next quarters (1st quarter) dividend and allow stockholders to extrapolate upcoming payouts. You can get the report here: tk_tankers_charter_extension_contributes_to_sustainability_of_dividends
My extrapolation from the info in the report puts to 1st quarter dividend at about 47¢ per share. Teekay Tankers, like Nordic American Tankers is a full payout of free cash flow with little or no debt shipping company. They seem like a pretty good place to have a little money in the current market environment.