Teekay Tankers (TNK) Lowers Quarterly Dividend 26.7% to $0.11; 9.3% Yield

Teekay Tankers (NYSE: TNK) declared a quarterly dividend of $0.11 per share, or $0.44 annualized. This is a 26.7% decrease from the prior dividend of $0.15.

The dividend will be payable on February 28, 2012, to stockholders of record on February 21, 2012, with an ex-dividend date of February 16, 2012.

The annual yield on the dividend is 9.3 percent.

For a dividend history and other dividend-related data on Teekay Tankers (TNK) click here.

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