Teekay Tankers Declares Dividend

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Teekay Tankers Ltd (TNK) Declares $0.09 Quarterly Dividend; 9.3% Yield

May 19, 2016 9:29 AM EDT

Teekay Tankers Ltd (NYSE: TNK) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.

The dividend will be payable on June 3, 2016, to stockholders of record on May 30, 2016, with an ex-dividend date of May 25, 2016.

The annual yield on the dividend is 9.3... More

Teekay Tankers Ltd (TNK) Misses Q1 EPS by 8c

May 19, 2016 9:29 AM EDT

Teekay Tankers Ltd (NYSE: TNK) reported Q1 EPS of $0.29, $0.08 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $164.95 million versus the consensus estimate of $160.1 million.

During the first quarter of 2016, the Company generated $66.2 million, or $0.42 per share, of free cash... More