Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2024 and the Declaration of a Dividend
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Scorpio Tankers Inc. reported its financial results for Q4 2024 and announced a quarterly cash dividend of $0.40 per share.
February 12, 2025 | 10:15 pm
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Scorpio Tankers Inc. announced its Q4 2024 financial results and declared a quarterly dividend of $0.40 per share, which may attract income-focused investors.
The announcement of a dividend is generally positive news for shareholders, as it indicates the company's profitability and willingness to return capital to investors. This could lead to a short-term increase in stock price as income-focused investors may find the stock more attractive.
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RELEVANCE 100