$FRO Frontline Ltd 1Q2016 results forthcoming on 31 May

Discussion in 'Stock Market Forum' started by baudwalk, May 26, 2016.

  1. baudwalk

    baudwalk Senior Investor

    Joined:
    May 2015
    Posts:
    1,459
    Likes Received:
    13
    http://www.frontline.bm/external_feed/external_feeds/view/6/press_release/2015257
    At today's close, the dividend yield (based upon the last quarterly payment of $0.35) is 17.86%. FWIW my holdings include FRO and SFL. No declared dividend from either shipper yet.
     
    Last edited by a moderator: Jul 8, 2016
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    Might be a winner!
     
  3. baudwalk

    baudwalk Senior Investor

    Joined:
    May 2015
    Posts:
    1,459
    Likes Received:
    13
    Big pop today with the release of 1Q2016 results and announcement of an inline $0.40 dividend (up $0.05) ex-div June 9, payable around June 20.
     
  4. baudwalk

    baudwalk Senior Investor

    Joined:
    May 2015
    Posts:
    1,459
    Likes Received:
    13
    Last day to buy $FRO if you want this $0.40 quarterly dividend. Yield at today's nominal share price ~16.6%.
     
    Last edited: Jun 8, 2016
Tags:

Share This Page