Scorpio Tankers (STNG) Declares $0.125 Quarterly Dividend; 5% Yield

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Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2015 and Declaration of a Quarterly Dividend

April 27, 2015 8:16 AM EDT

MONACO -- (Marketwired) -- 04/27/15 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three months ended March 31, 2015.

Results for the three months ended March 31, 2015 and 2014

For the three months ended March 31, 2015, the Company's adjusted net income was $39.3 million (see Non-GAAP Measures section below), or $0.26 basic and $0.24 diluted earnings per share, which excludes (i) a gain of $2.0 million, or $0.01 per basic and diluted shares, related to the closing of the sales of Venice, STI Harmony and STI Heritage and (ii) an unrealized... More