Teekay Corporation Declares Dividend

July 9, 2012

Bermuda-based Teekay Corporation has declared a cash dividend on its common stock of $0.31625 per share, payable on July 27, 2012 to all shareholders of record as at July 17, 2012.

Teekay is responsible for managing and operating consolidated assets of over $11 billion, comprised of approximately 150 liquefied gas, offshore, and conventional tanker assets.

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