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

Posted by on May 24th, 2026

Frontline PLC (NYSE:FRO – Get Free Report) announced a quarterly dividend on Friday, May 22nd. 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 16.7%. The ex-dividend date 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 payout ratio of 136.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Frontline Price Performance

Shares of FRO opened at $37.14 on Friday. The company has a market cap of $8.27 billion, a price-to-earnings ratio of 21.85 and a beta of 0.04. Frontline has a twelve month low of $16.25 and a twelve month high of $39.89. The company has a quick ratio of 1.19, a current ratio of 1.43 and a debt-to-equity ratio of 1.09. The company has a 50 day moving average of $35.49 and a two-hundred day moving average of $29.80.

Frontline (NYSE:FRO – Get Free Report) last announced its earnings results on Friday, May 22nd. The shipping company reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.07. The company had revenue of $714.24 million during the quarter, compared to the consensus estimate of $579.59 million. Frontline had a net margin of 19.31% and a return on equity of 16.51%. Frontline’s revenue was up 66.9% compared to the same quarter last year. During the same period last year, the firm earned $0.18 earnings per share.

Analyst Ratings Changes

Several equities research analysts have recently commented on FRO shares. Wall Street Zen upgraded shares of Frontline from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. BTIG Research lifted their price objective on shares of Frontline from $42.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Dnb Carnegie downgraded shares of Frontline from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Evercore downgraded shares of Frontline from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings upgraded shares of Frontline from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Frontline presently has an average rating of “Moderate Buy” and a consensus target price of $39.00.

View Our Latest Report on FRO

Frontline Company Profile

(Get Free Report)

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.

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Dividend History for Frontline (NYSE:FRO)

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