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Looking at the universe of stocks we cover at Dividend Channel, on 11/12/24, Teekay Tankers Ltd (Symbol: TNK) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 11/22/24. As a percentage of TNK's recent stock price of $46.76, this dividend works out to approximately 0.53%, so look for shares of Teekay Tankers Ltd to trade 0.53% lower — all else being equal — when TNK shares open for trading on 11/12/24.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TNK is likely to continue, and whether the current estimated yield of 2.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TNK shares, versus its 200 day moving average:

Looking at the chart above, TNK's low point in its 52 week range is $44.79 per share, with $74.20 as the 52 week high point — that compares with a last trade of $46.63.

In Friday trading, Teekay Tankers Ltd shares are currently up about 0.1% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.