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STNG Scorpio Tankers dividend history, payout ratio & dates

Scorpio Tankers's most recent quarterly dividend was on Nov 29, 2023 (ex-date) with a cash dividend payment of $0.35 per share. At an annualized rate of $1.05 per share, the stock yields 1.58%. The latest dividend has increased by $0.1, or 40% from the prior payment.

Key dates

  • STNG last dividend date: Nov 29, 2023
  • STNG next dividend date: Mar 7, 2024
STNG dividend stats
DPS
$1.05
Dividend yield
1.58%
Payout ratio
10.1%
vs. Energy sector
Dividend yield
3.94%
Payout ratio
42.2%

Dividend yield

What is Scorpio Tankers current dividend yield

Scorpio Tankers's dividend yield of 1.58% is lower than the Energy sector and the industry average. If we compare it with the Energy sector average of 3.94%, Scorpio Tankers's dividend yield is 60% lower. Historically STNG's dividend yield has averaged at 2.0% in the last 5 years, which is more than the current one.

Dividend history

What is STNG dividend payout history and dates

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 163% for the last twelve months. And since the stock price has gone up by 8% from a year ago, the dividend yield has increased by 142%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Scorpio Tankers dividend payout ratio compared to the sector

Payout ratio

Scorpio Tankers's payout ratio of 10.1% is below the Energy sector and the industry average. Compared to its Energy sector average of 42.2%, Scorpio Tankers's payout ratio is 76% lower.

Total amount of dividends paid per financial year (from cash flow)

STNG dividend vs peer dividends

How does STNG dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ASC Ardmore Shipping Corp 7.23% $1.15 41.7%
CPLP Capital Product Partners L P 3.31% $0.6 27.9%
STNG Scorpio Tankers Inc 1.58% $1.05 10.1%

Frequently asked questions

Does Scorpio Tankers pay a dividend?

Yes, Scorpio Tankers has paid four dividends in the last twelve months. STNG has been paying dividends since 2013.

When is Scorpio Tankers's next dividend?

STNG has announced its next dividend with ex-date Mar 7, 2024.

When was STNG's last dividend?

Scorpio Tankers's last regular dividend was on Nov 29, 2023 (ex-date) with the amount of $0.35 per share.

How much dividend does Scorpio Tankers pay (per share)?

On an annual basis STNG pays $1.05 per share.

What is Scorpio Tankers's dividend yield?

Scorpio Tankers's current dividend yield is 1.58%.

How often does Scorpio Tankers pay dividends?

Scorpio Tankers pays dividends quarterly.

What is Scorpio Tankers's dividend payout ratio?

The dividend payout ratio of Scorpio Tankers is 10.1%.

Does Scorpio Tankers pay a good dividend?

Scorpio Tankers's dividend yield is less than the Energy sector average.