Teekay Tankers Ltd. Declares Dividend
HAMILTON, BERMUDA -- (Marketwired) -- 07/03/14 -- Teekay Tankers
Ltd. (Teekay Tankers) (NYSE: TNK) today announced that its Board of
Directors has declared a cash dividend of $0.03 per share for the
quarter ended June 30, 2014. The cash dividend is payable on July 31,
2014 to all shareholders of record on July 18, 2014.
About Teekay Tankers Ltd.
Teekay Tankers currently owns a fleet of 27 double-hull vessels,
including 11 Aframax tankers, 10 Suezmax tankers, three Long Range 2
(LR2) product tankers, three Medium-Range (MR) product tankers and
has one time-chartered in Aframax tanker. An affiliate of Teekay
Corporation (NYSE: TK) manages these vessels through a mix of
fixed-rate time-charter contracts and spot tanker market trading. The
Company also owns a very large crude carrier (VLCC) through a 50
percent-owned joint venture. In addition, Teekay Tankers owns a
minority interest in Tanker Investments Ltd. (Oslo Bors: TIL). Teekay
Tankers was formed in December 2007 by Teekay Corporation as part of
its strategy to expand its conventional oil tanker business.
Teekay Tankers' common stock trades on the New York Stock Exchange
under the symbol "TNK".
Investor Relations Enquiries
Tel: +1 (604) 844-6654
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