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Scorpio Tankers Inc. (STNG) Ex-Dividend Date Scheduled for March 07, 2014
By: NASDAQ.com News
Scorpio Tankers Inc. ( STNG ) will begin trading ex-dividend on March 07, 2014. A cash dividend payment of $0.08 per share is scheduled to be paid on March 26, 2014. Shareholders who purchased STNG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 14.29% increase over the prior quarter.
The previous trading day's last sale of STNG was $10.22, representing a -18.11% decrease from the 52 week high of $12.48 and a 35.36% increase over the 52 week low of $7.55.
STNG is a part of the Transportation sector, which includes companies such as General Dynamics Corporation ( GD ) and Carnival Corporation ( CUK ). STNG's current earnings per share, an indicator of a company's profitability, is $.14. Zacks Investment Research reports STNG's forecasted earnings growth in 2014 as 1440%, compared to an industry average of -2.6%.