Frontline PLC (FRO) to Issue Quarterly Dividend of $1.55 on June 23rd

Posted by Joseph Griffin on Jun 10th, 2026

Frontline PLC (NYSE:FRO – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, June 12th will be paid a dividend of 1.55 per share by the shipping company on Tuesday, June 23rd. This represents a c) annualized dividend and a yield of 17.1%. The ex-dividend date of this dividend is Friday, June 12th. This is a 50.5% increase from Frontline’s previous quarterly dividend of $1.03.

Frontline has decreased its dividend by an average of 0.1%annually over the last three years. Frontline has a dividend payout ratio of 206.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Frontline Trading Up 3.6%

Shares of FRO stock opened at $36.26 on Wednesday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.83. The business has a 50-day moving average price of $36.12 and a two-hundred day moving average price of $30.75. Frontline has a 12-month low of $16.25 and a 12-month high of $39.89. The firm has a market cap of $8.07 billion, a P/E ratio of 8.93 and a beta of 0.02.

Frontline (NYSE:FRO – Get Free Report) last issued its quarterly earnings results on Friday, May 22nd. The shipping company reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.03). Frontline had a return on equity of 27.80% and a net margin of 36.70%.The firm had revenue of $714.24 million for the quarter, compared to the consensus estimate of $579.59 million. During the same period last year, the firm earned $0.18 EPS. The company’s revenue for the quarter was up 66.9% on a year-over-year basis.

Frontline Company Profile

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Frontline Ltd. (NYSE:FRO) is a leading global shipping company specializing in the seaborne transportation of crude oil and petroleum products. The company’s core business activities encompass the ownership and operation of very large crude carriers (VLCCs), Suezmax tankers and Aframax vessels. Through long-term charters, spot market operations and time charters, Frontline provides flexible shipping solutions that cater to a diverse set of energy producers, refiners and trading houses worldwide.

Frontline’s fleet is geared toward high-capacity, ocean-going tankers capable of carrying large volumes of crude oil over intercontinental distances.