Frontline PLC (NYSE:FRO) Declares Quarterly Dividend of $2.61

Posted by Stanley Muller on Aug 28th, 2026

Frontline PLC (NYSE:FRO – Get Free Report) declared a quarterly dividend on Thursday, August 27th. Stockholders of record on Friday, September 18th will be given a dividend of 2.61 per share by the shipping company on Monday, September 28th. This represents a c) annualized dividend and a dividend yield of 23.7%. The ex-dividend date of this dividend is Friday, September 18th. This is a 68.4% increase from Frontline’s previous quarterly dividend of $1.55.

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% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Frontline Stock Performance

Shares of Frontline stock traded up $0.27 during midday trading on Friday, hitting $44.02. The company had a trading volume of 3,310,838 shares, compared to its average volume of 3,248,231. The stock has a market cap of $9.80 billion, a price-to-earnings ratio of 10.84 and a beta of 0.02. 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 company has a fifty day simple moving average of $39.25 and a 200 day simple moving average of $36.72. Frontline has a 12-month low of $20.31 and a 12-month high of $45.29.

Wall Street Analyst Weigh In

A number of research firms have issued reports on FRO. Weiss Ratings cut shares of Frontline from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. DZ Bank downgraded Frontline from a “hold” rating to a “sell” rating in a research report on Friday, August 21st. Pareto Securities downgraded Frontline from a “buy” rating to a “hold” rating and set a $39.46 target price on the stock. in a research report on Monday, May 25th. Danske lowered Frontline from a “hold” rating to a “sell” rating in a research note on Friday, August 21st. Finally, Wall Street Zen cut Frontline from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 15th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Frontline has a consensus rating of “Hold” and a consensus target price of $41.62.

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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.