Teekay Co. (NYSE:TK – Get Free Report) announced a — dividend on Wednesday, October 30th, Wall Street Journal reports. Investors of record on Wednesday, December 4th will be paid a dividend of 1.00 per share by the shipping company on Wednesday, December 18th. The ex-dividend date is Wednesday, December 4th.
Teekay Price Performance
Shares of TK stock opened at $8.38 on Friday. Teekay has a 1-year low of $6.41 and a 1-year high of $9.95. The firm has a market cap of $769.16 million, a PE ratio of 5.58 and a beta of 0.60. The company has a 50-day moving average of $8.57 and a two-hundred day moving average of $8.49.
Teekay (NYSE:TK – Get Free Report) last posted its earnings results on Thursday, August 1st. The shipping company reported $0.35 earnings per share (EPS) for the quarter. The firm had revenue of $326.14 million for the quarter. Teekay had a return on equity of 6.63% and a net margin of 11.05%.
Analysts Set New Price Targets
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About Teekay
Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services.
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