TNK Dividend Calculator
Calculate how much dividend income Teekay Tankers Ltd. (TNK) could generate with reinvestment. Pre-loaded with TNK's current 2.14% yield.
Dividend Yield: 2.14%
Annual Dividend: $2.00 per share
Share Price: $93.37
Payout Ratio: 11.7%
TNK DRIP Calculator
Model TNK dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
What If You Invested $1,000 in TNK 10 Years Ago?
A $1,000 investment in TNK on 2016-09-30 would be worth $5,476.9 today with dividends reinvested (DRIP), a total return of 447.7%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $5,042 (404.2% return). Reinvesting dividends added $434.9 in extra value.
Starting share price: $20.24 — Current share price: $93.37
Frequently Asked Questions
- What is TNK's current dividend yield?
- TNK (Teekay Tankers Ltd.) currently has a dividend yield of 2.14%. This means for every $10,000 invested, you would receive approximately $214 per year in dividend income before taxes.
- How much TNK do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from TNK at its current yield of 2.14%, you would need approximately $560,748 invested. With dividend reinvestment and growth, you may need less over time.
- Does TNK pay monthly dividends?
- TNK pays dividends periodically. See the full payment history on the TNK stock page.
- Is TNK's dividend safe?
- TNK's payout ratio is 11.7%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is TNK's dividend growth rate?
- We don't have enough historical data to calculate a reliable dividend growth rate for TNK. You can set a custom growth rate in the calculator above.
- What would $1,000 invested in TNK 10 years ago be worth today?
- A $1,000 investment in TNK on 2016-09-30 would be worth approximately $5,476.9 today with dividends reinvested (DRIP), a 447.7% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $5,042 — meaning DRIP added $434.9 in extra value.
See full dividend history and analysis on the TNK dividend page.