Teekay TK
NYSE TK
$13.62 +0.15 (+1.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

Teekay (TK) Dividend Coverage Ratio (2009 - 2021)

Teekay's (TK) quarterly Dividend Coverage Ratio came in at 0.06 in Q4 2021, down 76.36% on a YoY basis from 0.24 in Q4 2020, and down 139.8% quarter-over-quarter from 0.14 in Q3 2021.

Analysis

Teekay (TK) Dividend Coverage Ratio (2009 - 2021) Analysis & Trends

Teekay (TK) has reported Dividend Coverage Ratio for 13 consecutive years, with 0.06 the latest figure, recorded in Q4 2021.

  • For the quarter ending Q4 2021, Dividend Coverage Ratio fell 76.36% year-over-year to 0.06; the trailing twelve-month figure through Dec 2021 stood at 0.22 (up 51.93% YoY), and the FY2025 full-year result was 1.15, up 26.87% from the prior year.
  • Dividend Coverage Ratio eased to 0.06 in Q4 2021 per TK's latest filing, from 0.14 in the prior quarter.
  • Across five years, Dividend Coverage Ratio topped out at 15.26 in Q1 2019 and bottomed at 3.53 in Q2 2019.
  • Historically, Dividend Coverage Ratio has averaged 1.65 across 5 years, with a median of 0.14 in 2021.
  • The sharpest annual moves came in 2017 and 2019: Dividend Coverage Ratio plunged 17290574.14% in 2017, then surged 309.24% in 2019.
  • Over 5 years, Dividend Coverage Ratio stood at 0.22 in 2017, then tumbled by 1383.71% to 2.77 in 2018, then jumped by 126.43% to 0.73 in 2019, then slumped by 104.34% to 0.03 in 2020, then slumped by 76.36% to 0.06 in 2021.
  • According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 0.06, 0.14, and 0.03 for Q4 2021, Q3 2021, and Q4 2020 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -1.91
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn -
3 Matson 6.74 Bn 6.62 Bn - 11.76
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 1.31
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -1.95
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -19.94
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 0.97
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -4.72
10 Teekay 1.17 Bn 2.05 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2021 -0.06
Sep 30, 2021 0.14
Dec 31, 2020 -0.03
Sep 30, 2020 1.55
Dec 31, 2019 0.73
Jun 30, 2019 -3.53
Mar 31, 2019 15.26
Dec 31, 2018 -2.77
Sep 30, 2018 -0.43
Jun 30, 2018 1.71
Mar 31, 2018 3.73
Dec 31, 2017 0.22
Sep 30, 2017 -0.16
Jun 30, 2017 -1.17
Mar 31, 2017 9.55
Dec 31, 2016 0.21
Sep 30, 2016 0.00
Jun 30, 2016 -1.17
Mar 31, 2016 12.21
Sep 30, 2015 0.00