Wednesday, April 7, 2010

Teekay Corp (NYSE:TK) Declares Dividend

Teekay Corporation declares dividend

The board of directors of Teekay Corp (NYSE:TK) announced they have voted for shareholders of its common stock to receive a quarterly dividend.

The cash dividend offered by the company will be $0.31625 a share.

Sharholders of record as of April 16, 2010 will receive the dividend, payable on April 30, 2010.

Teekay will also be selling three tankers to its subsidiary Teekay Tankers, which is selling shares to raise the funding.

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