Looking at the universe of stocks we cover at Dividend Channel, on 1/15/14, Teekay Tankers Ltd (TNK) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 1/31/14. As a percentage of TNK's recent stock price of $3.75, this dividend works out to approximately 0.80%, so look for shares of Teekay Tankers Ltd to trade 0.80% lower — all else being equal — when TNK shares open for trading on 1/15/14.
Below is a dividend history chart for TNK, showing historical dividends prior to the most recent $0.03 declared by Teekay Tankers Ltd:
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 3.20% 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 $2.38 per share, with $4.19 as the 52 week high point — that compares with a last trade of $3.70.
According to the ETF Finder at ETF Channel, TNK makes up 3.95% of the Guggenheim Shipping ETF (SEA) which is trading lower by about 0.1% on the day Monday. In Monday trading, Teekay Tankers Ltd shares are currently down about 1.1% on the day.