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Teekay Tankers Ltd. (NYSE: TNK) has reported its results for the quarter ended September 30, 2023. The company's Board of Directors has declared a cash dividend of $0.25 per share for the same quarter. The dividend is payable on November 27, 2023, to shareholders of record as of November 14, 2023.
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HAMILTON, Bermuda, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended September 30, 2023 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended September 30, 2023. The cash dividend is payable on November 27, 2023 to all shareholders of record as at November 14, 2023.
The full earnings release and earnings presentation are available on the Company’s website here.
About Teekay Tankers
Teekay Tankers has a fleet of 44 double-hull tankers (including 25 Suezmax tankers and 19 Aframax / LR2 tankers), and has eight time chartered-in 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. Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture. In addition, Teekay Tankers 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 as part of its strategy to expand its oil tanker business.
Teekay Tankers’ Class A common stock trades on the New York Stock Exchange under the symbol “TNK.”
What are the key points from Teekay Tankers' latest results?
Teekay Tankers has reported its results for the quarter ended September 30, 2023. For more details, refer to the full earnings release and earnings presentation available on the company's website.
What is the cash dividend declared by Teekay Tankers?
Teekay Tankers has declared a cash dividend of $0.25 per share for the quarter ended September 30, 2023.
When is the cash dividend payable?
The cash dividend is payable on November 27, 2023.
Who are eligible to receive the cash dividend?
Shareholders of record as of November 14, 2023, are eligible to receive the cash dividend.
teekay is an operational leader and project developer in the marine energy space. established in 1973, teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage and production companies. we bring energy where it is needed — anywhere in the world — to power the global economy and to improve people’s lives. teekay corporation operates in the marine midstream space through its ownership of the general partners and a portion of the outstanding limited partner interests in teekay lng partners l.p. (nyse:tgp) and teekay offshore partners l.p. (nyse:too). the general partners own all of the outstanding incentive distribution rights. in addition, teekay has a controlling ownership interest in teekay tankers ltd. (nyse:tnk) and directly owns a fleet of vessels. the combined teekay entities manage and operate consolidated assets of over $13 billion, comprised of over 215 liquefied gas, offshore, and conventional tanker assets. wit
