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Teekay Offshore Partners a Top Ranked SAFE Dividend Stock With 6.2% Yield (TOO)

Teekay Offshore Partners L.P. (Symbol: TOO) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 6.2% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel , Teekay Offshore Partners L.P. is an underlying holding representing 3.03% of the Powershares International Dividend Achievers ETF ( PID ), which holds $39,057,462 worth of TOO shares.

Teekay Offshore Partners L.P. (Symbol: TOO) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless five year history - never a missed or lowered dividend; E. Enduring - at least a half-decade of dividend payments.

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Ten Top S.A.F.E. International Dividend Stocks »

The annualized dividend paid by Teekay Offshore Partners L.P. is $2.1536/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 07/23/2014. Below is a long-term dividend history chart for TOO, which the report stressed as being of key importance.

TOO+Dividend+History+Chart

TOO operates in the Oil & Gas Equipment & Services sector, among companies like Schlumberger Ltd. ( SLB ), and Enterprise Products Partners L.P. ( EPD ).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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