Why Teekay LNG Partners is a Top 10 SAFE International Dividend Stock (TGP)

Teekay LNG Partners LP ( TGP) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 6.8% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Teekay LNG Partners LP is an underlying holding representing 4.10% of the Powershares International Dividend Achievers ETF (PID), which holds $43,205,328 worth of TGP shares.

Teekay LNG Partners LP ( TGP) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless five year history — never a missed or lowered dividend; E. Enduring — at least a half-decade of dividend payments.

Start slideshow:
Ten Top S.A.F.E. International Dividend Stocks »

The annualized dividend paid by Teekay LNG Partners LP is $2.7672/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 01/29/2014. Below is a long-term dividend history chart for TGP, which the report stressed as being of key importance.

TGP+Dividend+History+Chart

TGP operates in the Oil & Gas Equipment & Services sector, among companies like Schlumberger Ltd. (SLB), and Enterprise Products Partners L.P. (EPD).

If you liked this article you might like

No Signs of Skepticism Yet

Strong On High Relative Volume: Teekay LNG Partners (TGP)

For Energy Shipping, This Is Historic

For Energy Shipping, This Is Historic

Teekay LNG Partners (TGP) Is Strong On High Volume Today

Trade-Ideas: Teekay LNG Partners (TGP) Is Today's Strong On High Relative Volume Stock