Teekay Tankers (NYSE: TNK) reported results for the quarter ended June 30, 2026 and its board declared a fixed quarterly cash dividend of $0.25 per share. The dividend will be paid on August 21, 2026 to shareholders of record on August 10, 2026.
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Positive
$0.25 per share fixed quarterly cash dividend declared for Q2 2026
Dividend payable on August 21, 2026 to holders of record on August 10, 2026
Negative
None.
Market Context
Across five tag-specific events, the historical record showed an average move of -3.67%. That backdr...
Analysis
Across five tag-specific events, the historical record showed an average move of -3.67%. That backdrop adds context to this results-and-dividend announcement; recent insider activity was net selling, while short positioning was low.
Key Figures
Fixed quarterly dividend:$0.25 per shareResults period:Three months ended June 30, 2026Dividend payment date:August 21, 2026+5 more
8 metrics
Fixed quarterly dividend$0.25 per shareQuarter ended June 30, 2026
Results periodThree months ended June 30, 2026Second quarter 2026
Q1 results announcement included regular and special cash dividends.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Tag-specific history was negative on average at -3.67%, with all five selected events diverging from the positive dividend or earnings news.
Key Terms
double-hull tankers, time chartered-in, fixed-rate time charter contracts, ship-to-ship transfer
4 terms
double-hull tankerstechnical
"Teekay Tankers has a fleet of 34 double-hull tankers"
A double-hull tanker is an oil or chemical tanker built with two layers of hull plating—an inner tank and an outer shell—so that if the outer hull is breached, the inner hull helps prevent cargo from spilling into the sea. Think of it like a suitcase with a lining inside a hard shell: the extra layer reduces leak risk and meets safety and environmental regulations, which affects construction costs, insurance, compliance and resale value that investors monitor.
time chartered-intechnical
"and also has three time chartered-in oil tankers"
Time chartered-in means a company has leased a ship from its owner for a set period and pays regular hire fees while using the vessel to carry cargo. The owner typically keeps responsibility for the crew and maintenance, while the charterer directs where and when the ship sails for commercial use. For investors, this affects a firm's operating costs, fleet capacity and flexibility—like renting a delivery truck for months instead of buying it, with predictable fees but exposure to market shipping rates and contract obligations.
fixed-rate time charter contractstechnical
"short- or medium-term fixed-rate time charter contracts"
A fixed-rate time charter contract is an agreement in shipping or freight where a vessel is hired for a set period and the charterer pays a predetermined daily or monthly fee regardless of fuel use or voyage distance. It’s like renting a truck for a fixed rent per day rather than paying per delivery, giving predictable revenue for owners and fixed costs for charterers. Investors care because these contracts lock in cash flows and reduce short-term revenue volatility tied to spot market swings.
ship-to-ship transfertechnical
"owns a ship-to-ship transfer business"
A ship-to-ship transfer is the moving of cargo—often crude oil, refined fuels, liquefied gas or bulk goods—directly between two vessels while at sea instead of using a port terminal. Think of it like transferring freight from one truck to another on the road to bypass a busy depot; for investors it matters because these transfers affect supply timing and costs, carry safety and insurance risks, and can raise regulatory or sanctions concerns that impact a company’s operations and valuation.
HAMILTON, Bermuda, July 29, 2026 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the three months ended June 30, 2026 and announced that its Board of Directors has declared its fixed quarterly cash dividend of $0.25 per share for the quarter ended June 30, 2026.The cash dividend is payable on August 21, 2026 to all shareholders of record as at August 10, 2026.
The full earnings release and Teekay Group’s earnings presentation are available on the Company’s website here.
About Teekay Tankers
Teekay Tankers has a fleet of 34 double-hull tankers (including 14 Suezmax tankers, 18 Aframax / LR2 tankers, and two Suezmax tanker newbuildings), and also has three time chartered-in oil tankers. Teekay Tankers’ vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. In addition, Teekay Tankers manages and operates vessels for the Australian Government and Australian energy companies as part of the marine services provided by the Company and owns a ship-to-ship transfer business that performs full service lightering and lightering support operations in the U.S. Gulf and Caribbean. Teekay Tankers was formed in December 2007 by Teekay Corporation Ltd.
Teekay Tankers’ Class A common shares trade on the New York Stock Exchange under the symbol “TNK.”
What dividend did Teekay Tankers (TNK) declare for Q2 2026?
Teekay Tankers declared a fixed quarterly cash dividend of $0.25 per share for Q2 2026. According to Teekay Tankers, this dividend applies to the quarter ended June 30, 2026 and will be paid in cash to eligible shareholders.
When is the Teekay Tankers (TNK) Q2 2026 dividend payable and what is the record date?
The Q2 2026 Teekay Tankers dividend is payable on August 21, 2026 to shareholders of record as of August 10, 2026. According to Teekay Tankers, investors must be on the share register by that record date to receive payment.
Did Teekay Tankers (TNK) report earnings for the quarter ended June 30, 2026?
Teekay Tankers reported results for the three months ended June 30, 2026, but detailed figures are available on its website. According to Teekay Tankers, the full earnings release and Teekay Group earnings presentation can be accessed online by investors.
Where can investors find Teekay Tankers (TNK) Q2 2026 earnings presentation and details?
Investors can find the full Q2 2026 earnings release and Teekay Group earnings presentation on the company’s website. According to Teekay Tankers, these materials provide detailed financial and operational information beyond the brief dividend announcement.
What is the size and composition of Teekay Tankers’ fleet as of the Q2 2026 announcement?
Teekay Tankers reported a fleet of 34 double-hull tankers, including 14 Suezmax, 18 Aframax/LR2, and two Suezmax newbuildings. According to Teekay Tankers, it also time charters in three oil tankers and operates a ship-to-ship transfer business.
How are Teekay Tankers (TNK) vessels typically employed in the market?
Teekay Tankers vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. According to Teekay Tankers, the company also manages and operates vessels for Australian Government and energy clients.
