Distributions we pay to U.S. shareholders will be treated as a dividend for U.S. federal tax purposes to the extent the distributions come from current and accumulated earnings and profits ("E&P") and as a non- dividend distribution to the extent that distributions exceed E&P.
Distributions to a non-U.S. shareholder will not be subject to U.S. federal income tax or withholding if the non-U.S. shareholder is not engaged in a U.S. trade or business.
We believe that 100% of all distributions will be taxed as dividends for the foreseeable future.
Teekay Corporation, Teekay Tankers Ltd. and Teekay Offshore Partners L.P. shareholders/unitholders receive a Form 1099 for tax purposes which is provided by your broker. Please contact your broker directly for all 1099 form inquiries.
Teekay LNG Partners L.P. unitholders receive a Form K1. Please visit Teekay LNG Partners website for details.
Teekay Corporation’s shareholder services and transfer agent, BNY Mellon Shareowner Services, administers a Dividend Reinvestment Plan for investors wishing to purchase or sell Teekay Corporation Common Stock. This plan is available to shareholders of record of Teekay Corporation Common Stock.
The link to information about the Dividend Reinvestment Plan is administered by BNY Mellon Shareowner Services.
By clicking the link below, the viewer understands this communication does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful.
Please use your browser’s “back” button when in the BNY Mellon Shareowner Services website to return to Teekay Corporation’s Investor Relations Section or bookmark the page for easy reference.
Teekay Corporation Dividend Reinvestment Plan
Access Your Online Account (existing shareholders)
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
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
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
Teekay Corporation is financially strong with a unique business platform and leading positions in promising midstream marine growth sectors
KENT ALEKSON Email: investor.relations@teekay.com Tel: +1 604 844 6654