Scorpio Tankers (STNG) Declares $0.01 Quarterly Dividend; 1% Yield

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Go back to Scorpio Tankers (STNG) Declares $0.01 Quarterly Dividend; 1% Yield

Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2017 and Declaration of a Quarterly Dividend

April 26, 2017 4:10 PM EDT

MONACO, April 26, 2017 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three months ended March 31, 2017 and declaration of a quarterly dividend.

Results for the three months ended March 31, 2017 and 2016

For the three months ended March 31, 2017, the Company's adjusted net loss (see Non-IFRS Measures section below) was $11.5 million, or $0.07 basic and diluted loss per share, which excludes a $0.1 million, or $0.00 per basic and diluted share, write-off of deferred financing fees. For the three months... More