Teekay Tankers Ltd. Declares Cash Dividend for the Quarter Ended December 31, 2023, Payable on March 15, 2024
February 22, 2024 at 01:00 am EST
Share
Teekay Tankers Ltd. announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended December 31, 2023. The cash dividend is payable on March 15, 2024 to all shareholders of record as at March 4, 2024.
Teekay Tankers Ltd. is a provider of marine transportation to global oil industries. The Company is engaged in the business of owning and operating crude oil and product tankers. It provides vessel operation services for various vessels under the contracts with the Australian Government. Under these contracts the Company delivers all constituent support capabilities: vessel operations, engineering support, maintenance support, supply support, crewing and training and provide support services. The Company owns a fleet of approximately 45 double-hull tankers, including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers. The Company also owns a very large crude carrier (VLCC) through a 50% owned joint venture. Its tanker segment consists of the operation of its tankers, including the operations from those tankers employed on full-service lightering contracts and the United State based ship-to-ship support service operations, including its lightering support services.