Scorpio Tankers (STNG) Declares $0.125 Quarterly Dividend; 5.4% Yield

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Go back to Scorpio Tankers (STNG) Declares $0.125 Quarterly Dividend; 5.4% Yield

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

November 4, 2015 8:18 AM EST

MONACO -- (Marketwired) -- 11/04/15 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three and nine months ended September 30, 2015.

Results for the three months ended September 30, 2015 and 2014

For the three months ended September 30, 2015, the Company's adjusted net income was $88.1 million (see non-GAAP Measures section below), or $0.53 basic and $0.46 diluted earnings per share, which excludes (i) a gain of $1.2 million, or $0.01 per basic and diluted shares, resulting from the sale of the Company's investment in Dorian LPG Ltd. ("Dorian"), (ii) a... More