Teekay Tankers has kept its quarterly dividend in place despite slipping to a loss in the second quarter.
New York-listed Teekay Tankers carried an impairment of $28.1m on its pending purchase of sibling Tankers Investments Ltd on its way to a $37.5m red figure for the period.
Its adjusted loss per share of $0.04 per share was a penny deeper than the concensus forecast on Wall Street.