Scorpio Tankers's most recent quarterly dividend was on Mar 7, 2024 (ex-date) with a cash dividend payment of $0.4 per share. At an annualized rate of $1.25 per share, the stock yields 1.72%. The latest dividend has increased by $0.05, or 14% from the prior payment.
Scorpio Tankers's dividend yield of 1.72% is lower than the Energy sector and the industry average. If we compare it with the Energy sector average of 3.76%, Scorpio Tankers's dividend yield is 54% lower. Historically STNG's dividend yield has averaged at 2.0% in the last 5 years, which is more than the current one.
Scorpio Tankers has been paying dividends since 2013. STNG has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 150% for the last twelve months. And since the stock price has gone up by 55% from a year ago, the dividend yield has increased by 62%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 7, 2024 | Mar 27, 2024 | Feb 13, 2024 | $0.4 | normal |
| Nov 29, 2023 | Dec 15, 2023 | Nov 9, 2023 | $0.35 | normal |
| Aug 14, 2023 | Sep 15, 2023 | Aug 1, 2023 | $0.25 | normal |
| Jun 12, 2023 | Jun 30, 2023 | May 2, 2023 | $0.25 | normal |
| Mar 6, 2023 | Mar 31, 2023 | Feb 15, 2023 | $0.2 | normal |
| Nov 16, 2022 | Dec 15, 2022 | Oct 31, 2022 | $0.1 | normal |
| Aug 10, 2022 | Sep 15, 2022 | Jul 27, 2022 | $0.1 | normal |
| May 19, 2022 | Jun 15, 2022 | Apr 27, 2022 | $0.1 | normal |
| Mar 1, 2022 | Mar 15, 2022 | Feb 11, 2022 | $0.1 | normal |
| Dec 2, 2021 | Dec 15, 2021 | Nov 10, 2021 | $0.1 | normal |
| Sep 8, 2021 | Sep 29, 2021 | Aug 4, 2021 | $0.1 | normal |
| May 20, 2021 | Jun 15, 2021 | May 6, 2021 | $0.1 | normal |
| Mar 1, 2021 | Mar 15, 2021 | Feb 17, 2021 | $0.1 | normal |
| Nov 20, 2020 | Dec 14, 2020 | Nov 3, 2020 | $0.1 | normal |
| Sep 8, 2020 | Sep 29, 2020 | Aug 5, 2020 | $0.1 | normal |
| May 29, 2020 | Jun 15, 2020 | May 5, 2020 | $0.1 | normal |
| Feb 28, 2020 | Mar 13, 2020 | Feb 19, 2020 | $0.1 | normal |
| Nov 22, 2019 | Dec 13, 2019 | Nov 6, 2019 | $0.1 | normal |
| Sep 9, 2019 | Sep 27, 2019 | Jul 30, 2019 | $0.1 | normal |
| Jun 4, 2019 | Jun 27, 2019 | May 1, 2019 | $0.1 | normal |
| Mar 12, 2019 | Mar 28, 2019 | Feb 13, 2019 | $0.1 | normal |
Scorpio Tankers's payout ratio of 12% is below the Energy sector and the industry average. Compared to its Energy sector average of 44.9%, Scorpio Tankers's payout ratio is 73% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ASC Ardmore Shipping Corp | 4.47% | $0.91 | 33% |
| CPLP Capital Product Partners L P | 3.73% | $0.6 | 26.4% |
| STNG Scorpio Tankers Inc | 1.66% | $1.25 | 12% |
Yes, Scorpio Tankers has paid four dividends in the last twelve months. STNG has been paying dividends since 2013.
STNG hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Scorpio Tankers's last regular dividend was on Mar 7, 2024 (ex-date) with the amount of $0.4 per share.
On an annual basis STNG pays $1.25 per share.
Scorpio Tankers's current dividend yield is 1.72%.
Scorpio Tankers pays dividends quarterly.
The dividend payout ratio of Scorpio Tankers is 12%.
Scorpio Tankers's dividend yield is less than the Energy sector average.