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 Teekay Corporation
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Teekay Corporation Declares Dividend

01/15/2012
Download this Press Release (PDF 74 KB)
Hamilton, Bermuda, January 5, 2012 - Teekay Corporation (Teekay) (NYSE: TK) announced that its Board of Directors has declared a cash dividend on its common stock of $0.31625 per share, payable on January 31, 2012 to all shareholders of record as at January 20, 2012.

About Teekay Corporation
Teekay Corporation provides a comprehensive set of marine services to the world’s leading oil and gas companies, helping them seamlessly link their upstream energy production to their downstream processing operations.  Teekay is growing its operations in the offshore oil production, storage and transportation sector through its publicly-listed subsidiary, Teekay Offshore Partners L.P. (NYSE: TOO), and its investment in Sevan Marine ASA (OSE: SEVAN).  Teekay also continues to expand its significant presence in the liquefied natural gas shipping sector through its publicly-listed subsidiary, Teekay LNG Partners L.P. (NYSE: TGP), and seeks to grow its conventional tanker business through its publicly-listed subsidiary, Teekay Tankers Ltd. (NYSE: TNK). With a fleet of approximately 150 vessels, offices in 16 countries and approximately 6,300 seagoing and shore-based employees, Teekay transports approximately 10 percent of the world’s seaborne oil and its reputation for safety, quality and innovation has earned it a position with its customers as The Marine Midstream Company.

Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.

For Investor Relations enquiries contact:
Kent Alekson
Tel: +1 (604) 844-6654
Web site: www.teekay.com

Teekay Group

NYSE: TGP

Teekay LNG Partners L.P. generates stable cash flows from long-term fixed-rate contracts with strong counterparties. LNG demand is expected to grow by 50% by 2030

...... Visit Site »
NYSE: TOO

Teekay Offshore Partners L.P. generates stable cash flows from fixed-rate contracts and is the world’s largest owner and operator of shuttle contracts

...... Visit Site »
NYSE: TNK

Teekay Tankers Ltd. has a balanced chartering strategy of fixed-rate and spot market contracts that can pay a dividend in virtually any spot tanker market

...... Visit Site »
NYSE: TK

Teekay Corporation is financially strong with a unique business platform and leading positions in promising midstream marine growth sectors

......

Contact

KENT ALEKSON
Email: investor.relations@teekay.com
Tel: +1 604 844 6654

© Copyright 2000-2013 Teekay Corporation. All Rights Reserved.
NYSE: TGP 43.81 -0.12 -0.27% Volume: 112,187 May 17, 2013

TOO stock

NYSE: TOO 32.77 +0.13 +0.4% Volume: 225,393 May 17, 2013

TNK Stock

NYSE: TNK 2.81 +0.12 +4.46% Volume: 614,685 May 17, 2013

TK Stock

NYSE: TK 37.48 +0.53 +1.43% Volume: 445,610 May 17, 2013
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