Tag Archives: TNK

Teekay Tankers forecasts dividends

http://www.teekaytankers.com/index.aspx?page=tnk_news&article_id=727 Teekay Tankers is projecting a first quarter 24 to 27¢ dividend to be paid in March. The company uses a mixture of fixed contract and spot market hires to provide an ongoing dividend plus upside if the rates take off. The company states that the total dividend for 2010 would be in the neighborhood of $1.30 [...]
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TK partnerships report results

The three TK sourced partnerships reported 1st quarter results today and 2 declared distributions. Teekay Tankers TNK paid the first quarter distribution in May and reported the Q1 results today. Going into the 2nd quarter the company has 60% of the 12 ship fleet on time charter. The company provides a nice chart of the expected [...]
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Quality of Dividends, Part VII

I need to finish this series off before it starts looking like the Super Bowl listings. Only 7 more stocks to cover so I should be able to get them done in a couple of posts. Here is the next bunch: Star Bulk Carriers has been hard on dividend investors over the last year. After starting [...]
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Shipping Stocks dividends 2009, Part V

Today I finalize my reverse countdown of the dividend paying shipping stocks for the 1st half of 2009. This has been a 5 article review of the 25 shipping stocks that made distributions so far this year. Here are the payors 21 through 25 on my list. The stocks are listed in this order: Company and [...]
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Teekay 4th quarter and year end results

Teekay_Q4_2008_ER_Final.pdf (application/pdf Object). I have been a little slow on putting up my thoughts on the Q4 and year-end results for Teekay Corp TK. I wanted to listen to the conference call first. Teekay is a diversified tanker company as well as the parent company of 3 focused tanker operations: Teekay LNG Partners TGP, Teekay Tankers [...]
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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 [...]
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Teekay Tankers declares dividend

Teekay Tankers (TNK) – News & Resources. 72¢ per share for shareholders of record on March 6. TNK has paid $3.39 over the last 4 quarters. My quick scan through the company’s website give no indication why the stock price is so low. TNK has a fleet of 9 Aframax and 2 Suezmax tankers on the spot [...]
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