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Msg  12800 of 12851  at  11/26/2020 3:43:14 PM  by

delt1970


Frontline's Disappearing Dividend 'Speaks Volumes' On Tanker Fears

FreightWaves
 

Frontline (NYSE: FRO) — the last of the big public tanker owners to post earnings — just gave shipping investors more to worry about over the holidays.

First came the surprise decision to pay no dividend. As Jefferies analyst Randy Giveans put it: "No dividend stocking stuffer" for Q3 and probably for Q4 or Q1. Then came talk of a particularly opaque outlook and even whispers of a resurgence in newbuild interest.

‘We decided to keep the cash...'

https://finance.yahoo.com/news/frontlines-disappearing-dividend-speaks-volumes-222946247.html



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Replies
Msg # Subject Author Recs Date Posted
12801 Re: Frontline's Disappearing Dividend 'Speaks Volumes' On Tanker Fears PinewoodsBear 4 11/26/2020 4:12:40 PM
12802 Re: Frontline's Disappearing Dividend 'Speaks Volumes' On Tanker Fears riverwalk 0 11/26/2020 7:19:05 PM








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