Teekay Corporation Declares Dividend
July 05 2018 - 4:47PM
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 June 30, 2018. The
cash dividend is payable on August 15, 2018 to all shareholders of
record as at August 3, 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 three floating
production, storage and offloading (FPSO) units. The combined
Teekay entities operate total assets under management of
approximately $16.7 billion, comprised of approximately 220
liquefied gas, offshore, and conventional tanker assets. With
offices in 14 countries and approximately 8,300 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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