KLG Stock +78.58% In 3 Months Since We Picked KLG Stock +78.58% In 3 Months Since We Picked Unlock All Top Buy Picks

Scorpio Tankers Stock Dividends Overview

STNG pays dividends quarterly. Last paid amount was $0.400 at Mar 27, 2024. As of today, dividend yield (TTM) is 2.17%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of STNG
Powered by GPT-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.17%
Frequency Quarterly
1Y Growth 60.00%
Payout Ratio 0
Amount Per Share $0.400
Scorpio Tankers has not yet announced its next dividend date. Last payment date was: Mar 27, 2024.

STNG Dividend Payout History

To ensure a understanding of STNG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2024 Mar 07, 2024 Mar 27, 2024 $0.400 0.567%
2 Nov 09, 2023 Nov 29, 2023 Dec 15, 2023 $0.350 0.596%
3 Aug 01, 2023 Aug 14, 2023 Sep 15, 2023 $0.250 0.477%
4 May 02, 2023 Jun 12, 2023 Jun 30, 2023 $0.250 0.529%
5 Feb 15, 2023 Mar 06, 2023 Mar 31, 2023 $0.200 0.355%
6 Oct 31, 2022 Nov 16, 2022 Dec 15, 2022 $0.100 0.176%
7 Jul 28, 2022 Aug 10, 2022 Sep 15, 2022 $0.100 0.223%
8 Apr 28, 2022 May 19, 2022 Jun 15, 2022 $0.100 0.273%
9 Feb 14, 2022 Mar 01, 2022 Mar 15, 2022 $0.100 0.572%
10 Nov 11, 2021 Dec 02, 2021 Dec 15, 2021 $0.100 0.766%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (79.85%)

Growth potential

Stable (22.11%)

STNG Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from STNG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in STNG stock here.

Comparing STNG to Sector and Country

STNG pays a solid dividend yield of 2.17%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.36%). STNG’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.20%), which means that there are more attractive dividend stocks to consider.

STNG Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
GEL
Genesis Energy LP 1.503B $0.150 5.69% 151.14%
Scorpio Tankers 3.814B $0.400 2.17% 10.54%

FAQ

What factors can affect the amount of STNG's dividend payments?
The amount of STNG's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in STNG sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from STNG stock be automatically reinvested?
If STNG offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy STNG stock.

How often does STNG pay dividend?
Scorpio Tankers (STNG) pays dividends quarterly. The most recent payout was on Mar 27, 2024.

How much does STNG pays per share?
The last recorder (Mar 07, 2024) dividend per share was $0.400.

What is STNG dividend growth rate?
Over the last year, Scorpio Tankers has witnessed growth rate of 60.00% . Looking back over the past 3 years, this growth rate has been 58.74%. Furthermore, examining the past 5 years, Scorpio Tankers has maintained an average Dividends Per Share Growth Rate of 31.95%.
Click to get the best stock tips daily for free!

About Scorpio Tankers Inc

Sio Tankers 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.... STNG Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT