Dividend Outlook

Scorpio Tankers Inc. (STNG) announced it will raise its dividend to $0.45 per share effective March 20, yielding 2.6%, below the industry average. The company has maintained a history of dividend payments, though recent cuts have indicated a declining trend of roughly 9.7% per year since 2016. In contrast, EPS has grown 34% annually over the past five years, and the firm maintains a low payout ratio, allowing it to reinvest earnings while sustaining distributions. Management projects a 0.8% decline in EPS over the next 12 months, but the company expects this will not threaten the long‑term viability of the dividend.