Teekay Corporation Declares Dividend
05 April 2018 - 6:08AM
Teekay Corporation (Teekay or the Company) (NYSE:TK) announced that
its Board of Directors has declared a cash dividend on its common
stock of $0.055 per share for the quarter ended March 31, 2018. The
cash dividend is payable on May 16, 2018 to all shareholders of
record as at May 4, 2018.
About Teekay
Teekay Corporation operates in the marine
midstream space through its ownership of the general partner and a
portion of the outstanding limited partner interests in Teekay LNG
Partners L.P. (NYSE:TGP) and an interest in the general partner and
a portion of the outstanding limited partner interests in Teekay
Offshore Partners L.P. (NYSE:TOO). The general partners own all of
the outstanding incentive distribution rights of these entities. In
addition, Teekay has a controlling ownership interest in Teekay
Tankers Ltd. (NYSE:TNK) and directly owns a fleet of vessels. The
combined Teekay entities operate total assets under management of
approximately $13 billion, comprised of approximately 215 liquefied
gas, offshore, and conventional tanker assets. With offices in 14
countries and approximately 8,200 seagoing and shore-based
employees, Teekay provides a comprehensive set of marine services
to the world’s leading oil and gas companies.
Teekay’s common stock is listed on the New York
Stock Exchange where it trades under the symbol “TK”.
For Investor Relations enquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website:
www.teekay.com
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