Teekay Offshore Partners L. P. (TOO) Raises Quarterly Dividend 2.5% to $0.5125; Yields 7.1%

Teekay Offshore Partners L. P. (NYSE: TOO) declared a quarterly dividend of $0.5125 per share, or $2.05 annualized. This is a 2.5% increase from the prior dividend of $0.5000.

The dividend will be payable on May 14, 2012, to stockholders of record on April 23, 2012, with an ex-dividend date of April 19, 2012.

The annual yield on the dividend is 7.1 percent.

For a dividend history and other dividend-related data on Teekay Offshore Partners L. P. (TOO) click here.

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