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FRO ex-dividend on 6/8 ($1.50)

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Frontline, an oil tanker shipping company, will pay a regular Quarterly dividend of $1.50 on June 26 to holders as of Thursday, June 8. Frontline will announce the tax treatment of this dividend shortly, but it will likely be ~$1/share earning dividend, and ~$0.50/share return of capital dividend. Frontline benefited immensly of the huge rise tanker charter rates over the last few years, thus paying Quarterly dividends between $1.50/share and $5/share.

This entry was posted on Monday, May 29th, 2006 at 7:55 pm and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “FRO ex-dividend on 6/8 ($1.50)”

  1. Stu Solomon Says:
    May 30th, 2006 at 8:37 am

    Correct ex-dividend date is June 8, 2006 not 6/6. The amount stated $1.50 is correct.

  2. Sam Says:
    May 30th, 2006 at 9:42 am

    6/8 it is indeed. Thanks Stu.

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