Friday Is Your Last Chance To Buy Scorpio Tankers Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Scorpio Tankers (NYSE:STNG) announced a quarterly dividend of 25 cents per share, with Friday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Monday, and the dividend will be paid out on June 30, 2023.
June 07, 2023 | 2:48 pm
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Scorpio Tankers' stock will likely open 25 cents lower on Monday due to the ex-dividend date. Investors have until Friday to be eligible for the 25 cents per share dividend payout.
The news directly pertains to Scorpio Tankers and its dividend payout. The stock will likely open lower on Monday due to the ex-dividend date, but this is a normal occurrence for stocks when they go ex-dividend. The short-term impact on the stock price is neutral, as the price adjustment is expected.
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