Looking at the universe of stocks we cover at Dividend Channel, on 7/27/16, Teekay Corp (TK - Get Report) will trade ex-dividend, for its quarterly dividend of $0.055, payable on 8/17/16. As a percentage of TK's recent stock price of $6.68, this dividend works out to approximately 0.82%, so look for shares of Teekay Corp to trade 0.82% lower — all else being equal — when TK shares open for trading on 7/27/16.

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Below is a dividend history chart for TK, showing historical dividends prior to the most recent $0.055 declared by Teekay Corp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TK is likely to continue, and whether the current estimated yield of 3.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TK shares, versus its 200 day moving average:

Teekay Corp 200 Day Moving Average Chart

Looking at the chart above, TK's low point in its 52 week range is $4.37 per share, with $37.19 as the 52 week high point — that compares with a last trade of $6.72.

According to the ETF Finder at ETF Channel, TK makes up 1.96% of the PowerShares Dynamic Oil & Gas Services Portfolio ETF ( PXJ) which is trading lower by about 0.4% on the day Monday.

In Monday trading, Teekay Corp shares are currently off about 1.7% on the day.