Teekay LNG Partners (TGP) Declares $0.14 Quarterly Dividend; 5% Yield

Teekay LNG Partners Declares Distribution

HAMILTON, BERMUDA -- (Marketwired) -- 07/01/16 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE: TGP), has declared a cash distribution of $0.14 per unit for the quarter ended June 30, 2016. The cash distribution is payable on... More

Teekay LNG Partners Declares Distribution

HAMILTON, BERMUDA -- (Marketwired) -- 07/01/16 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE: TGP), has declared a cash distribution of $0.14 per unit for the quarter ended June 30, 2016. The cash distribution is payable on... More

Teekay Corporation Declares Dividend

HAMILTON, BERMUDA -- (Marketwired) -- 07/01/16 -- Teekay Corporation (Teekay or the Company) (NYSE: TK) announced that its Board of Directors has declared a cash dividend on its common stock of $0.055 per share for the quarter ended June 30, 2016. The cash dividend is payable on August 17, 2016 to all... More

Teekay Corporation Announces Completion of Financing Initiatives

HAMILTON, BERMUDA -- (Marketwired) -- 06/29/16 -- Teekay Corporation (Teekay) (NYSE: TK) and Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced today that they have completed and closed their previously announced financing initiatives.

"I am pleased to announce the completion of Teekay's financing initiatives, which include $350 million in bank financings and $100 million in equity capital," commented Peter Evensen, Teekay Corporation's President and Chief Executive Officer. "With the completion of these initiatives, we have significantly reduced our financial leverage and enhanced our liquidity position,... More