Teekay Tankers Ltd. ( TNK ) will begin trading ex-dividend on May 25, 2016. A cash dividend payment of $0.09 per share is scheduled to be paid on June 03, 2016. Shareholders who purchased TNK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -25% decrease from the prior quarter. At the current stock price of $3.21, the dividend yield is 11.21%.
The previous trading day's last sale of TNK was $3.21, representing a -62.37% decrease from the 52 week high of $8.53 and a 0.31% increase over the 52 week low of $3.20.
TNK is a part of the Consumer Services sector, which includes companies such as General Dynamics Corporation ( GD ) and Carnival Corporation ( CUK ). TNK's current earnings per share, an indicator of a company's profitability, is $1.27. Zacks Investment Research reports TNK's forecasted earnings growth in 2016 as -4.87%, compared to an industry average of -2.2%.