Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.
Scorpio Tankers Dividend Announcement
• Scorpio Tankers announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-22
• Scorpio Tankers annual dividend for 2024 was $1.60
• Scorpio Tankers annual dividend for 2023 was $1.05
• Scorpio Tankers's trailing twelve-month (TTM) dividend yield is 3.27%
• Scorpio Tankers's payout ratio for the trailing twelve months (TTM) is 11.39%
• Scorpio Tankers's dividend growth over the last five years (2018-2023) was 92.23% year
• Scorpio Tankers's dividend growth over the last ten years (2013-2023) was 23.23% year
Scorpio Tankers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | $0.40 | quarterly | 2024-12-13 |
2024-08-15 | $0.40 | quarterly | 2024-09-13 |
2024-06-14 | $0.40 | quarterly | 2024-06-28 |
2024-03-07 | $0.40 | quarterly | 2024-03-27 |
2023-11-29 | $0.35 | quarterly | 2023-12-15 |
2023-08-14 | $0.25 | quarterly | 2023-09-15 |
2023-06-12 | $0.25 | quarterly | 2023-06-30 |
2023-03-06 | $0.20 | quarterly | 2023-03-31 |
2022-11-16 | $0.10 | quarterly | 2022-12-15 |
2022-08-10 | $0.10 | quarterly | 2022-09-15 |
2022-05-19 | $0.10 | quarterly | 2022-06-15 |
2022-03-01 | $0.10 | quarterly | 2022-03-15 |
2021-12-02 | $0.10 | quarterly | 2021-12-15 |
2021-09-08 | $0.10 | quarterly | 2021-09-29 |
2021-05-20 | $0.10 | quarterly | 2021-06-15 |
2021-03-01 | $0.10 | quarterly | 2021-03-15 |
2020-11-20 | $0.10 | quarterly | 2020-12-14 |
2020-09-08 | $0.10 | quarterly | 2020-09-29 |
2020-05-29 | $0.10 | quarterly | 2020-06-15 |
2020-02-28 | $0.10 | quarterly | 2020-03-13 |
2019-11-22 | $0.10 | quarterly | 2019-12-13 |
2019-09-09 | $0.10 | quarterly | 2019-09-27 |
2019-06-04 | $0.10 | quarterly | 2019-06-27 |
2019-03-12 | $0.10 | quarterly | 2019-03-28 |
2018-12-04 | $0.01 | quarterly | 2018-12-13 |
2018-09-19 | $0.01 | quarterly | 2018-09-27 |
2018-06-05 | $0.01 | quarterly | 2018-06-28 |
2018-03-09 | $0.01 | quarterly | 2018-03-27 |
2017-12-12 | $0.01 | quarterly | 2017-12-28 |
2017-09-22 | $0.01 | quarterly | 2017-09-29 |
2017-05-09 | $0.01 | quarterly | 2017-06-14 |
2017-02-21 | $0.01 | quarterly | 2017-03-30 |
2016-11-22 | $0.12 | quarterly | 2016-12-22 |
2016-09-13 | $0.12 | quarterly | 2016-09-29 |
2016-05-09 | $0.12 | quarterly | 2016-06-24 |
2016-03-08 | $0.12 | quarterly | 2016-03-30 |
2015-11-20 | $0.12 | quarterly | 2015-12-11 |
2015-08-12 | $0.12 | quarterly | 2015-09-04 |
2015-05-19 | $0.12 | quarterly | 2015-06-10 |
2015-03-11 | $0.12 | quarterly | 2015-03-30 |
2014-11-21 | $0.12 | quarterly | 2014-12-12 |
2014-08-20 | $0.10 | quarterly | 2014-09-10 |
2014-05-22 | $0.09 | quarterly | 2014-06-12 |
2014-03-07 | $0.08 | quarterly | 2014-03-26 |
2013-11-29 | $0.07 | quarterly | 2013-12-18 |
2013-09-06 | $0.04 | quarterly | 2013-09-25 |
2013-06-07 | $0.03 | quarterly | 2013-06-25 |
Scorpio Tankers Dividend per year
Scorpio Tankers Dividend growth
Scorpio Tankers Dividend Yield
Scorpio Tankers current trailing twelve-month (TTM) dividend yield is 3.27%. Interested in purchasing Scorpio Tankers stock? Use our calculator to estimate your expected dividend yield:
Scorpio Tankers Financial Ratios
Scorpio Tankers Dividend FAQ
Other factors to consider when evaluating Scorpio Tankers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Scorpio Tankers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Scorpio Tankers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Scorpio Tankers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Scorpio Tankers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Scorpio Tankers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Scorpio Tankers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scorpio Tankers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Scorpio Tankers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Scorpio Tankers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.