Teekay Corporation Declares Dividend
January 04 2018 - 4:01PM
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 December 31, 2017.
The cash dividend is payable on February 14, 2018 to all
shareholders of record as at February 2, 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 manage and operate total assets of
approximately $13 billion, comprised of approximately 210 liquefied
gas, offshore, and conventional tanker assets. With offices in 14
countries and approximately 8,000 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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