Overall Rating
Teekay Corp (TK)
Price*: $12.05 | Dividend: $1.26 | Dividend Yield: 10.46%
This stock has never had a high enough Dividend.com Rating to qualify for our Best Dividend Stocks list.
Stock is slightly underperforming.
Stock's dividend yield is adequate.
This rating is directly related to the length and consistency of a company's dividend payouts.
Dividend payouts are consistent, but increases small.
Earnings estimates have been cut slightly.
Recent Headlines
- Dividend Payout Changes Today (ACU, TK)
Tue, Oct 7, 2008 - Teekay Corp Restating Earnings (TK)
Thu, Aug 7, 2008
Profile & Recommendation
Company Profile
Teekay Corp- (TK)-provides crude oil and petroleum product transportation services worldwide. The company operates in four segments: Offshore, Fixed-Rate Tanker, Liquefied Gas, and Spot Tanker. As of December 31, 2007, the company's fleet consisted of approximately 200 VLCC, Suezmax, small product, large product, and Aframax vessels. Its customers include energy and utility companies, oil traders, oil and natural gas consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. The company was founded in 1973 and is headquartered in Hamilton, Bermuda. Shipping stocks and their dividends tend to be volatile.
Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.
Stock Notes
This mid cap stock does not make an attractive dividend stock investment at this time.



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