Teekay Tankers (TNK) Dividend Coverage Ratio (2009 - 2026)
Teekay Tankers' (TNK) quarterly Dividend Coverage Ratio came in at 5.45 in Q2 2026, down 280.76% year-over-year from 3.02 in Q2 2025, and up 63.19% quarter-over-quarter from 14.81 in Q1 2026.
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Teekay Tankers (TNK) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Dividend Coverage Ratio for 14 consecutive years, with 5.45 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 280.76% year-over-year to 5.45 in Q2 2026; TTM through Jun 2026 was 7.93, a 149.41% decrease from a year earlier, with the FY2025 full-year figure at 1.41, down 178.8% from the prior year.
- Dividend Coverage Ratio was 5.45 for Q2 2026 at Teekay Tankers, up from 14.81 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 1.39 in Q2 2024 and troughed at 15.46 in Q1 2024.
- A 4-year average of 8.44 and a median of 8.2 in 2023 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio jumped 68.55% in 2025 and slumped 280.76% in 2026, its largest moves.
- Over 4 years, Dividend Coverage Ratio stood at 14.07 in 2023, then soared by 57.12% to 6.03 in 2024, then plunged by 86.08% to 11.23 in 2025, then soared by 51.45% to 5.45 in 2026.
- The last three Dividend Coverage Ratio figures came in at 5.45 (Q2 2026), 14.81 (Q1 2026), and 11.23 (Q4 2025), per Business Quant data.
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 Tankers | 3.23 Bn | 3.23 Bn | 312.20 Mn | -5.45 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.45 |
| Mar 31, 2026 | -14.81 |
| Dec 31, 2025 | -11.23 |
| Sep 30, 2025 | -10.12 |
| Jun 30, 2025 | -1.43 |
| Mar 31, 2025 | -4.86 |
| Dec 31, 2024 | -6.03 |
| Sep 30, 2024 | -7.41 |
| Jun 30, 2024 | -1.39 |
| Mar 31, 2024 | -15.46 |
| Dec 31, 2023 | -14.07 |
| Sep 30, 2023 | -9.00 |
| Mar 31, 2018 | -0.55 |
| Dec 31, 2017 | 0.32 |
| Sep 30, 2017 | -465.53 Mn |
| Jun 30, 2017 | -235.60 Mn |
| Mar 31, 2017 | 3.65 |
| Dec 31, 2016 | -0.15 |
| Sep 30, 2016 | -24.58 Mn |
| Jun 30, 2016 | 4,555.56 |