Scorpio Tankers (STNG) Declares $0.01 Quarterly Dividend; 1.1% Yield

Go back to Scorpio Tankers (STNG) Declares $0.01 Quarterly Dividend; 1.1% Yield

Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2016 and Declaration of a Quarterly Dividend

February 13, 2017 7:54 AM EST

MONACO -- (Marketwired) -- 02/13/17 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three months and year ended December 31, 2016 and declaration of a quarterly dividend.

Results for the three months ended December 31, 2016 and 2015

For the three months ended December 31, 2016, the Company's adjusted net loss (see Non-IFRS Measures section below) was $29.4 million, or $0.18 basic and diluted loss per share, which excludes a $0.2 million, or $0.00 per basic and diluted share, unrealized loss on derivative financial instruments. For the three months ended... More