Cash Dividend On The Way From Frontline (FRO)

Looking at the universe of stocks we cover at Dividend Channel, on 12/11/24, Frontline plc (Symbol: FRO) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 12/31/24. As a percentage of FRO's recent stock price of $15.29, this dividend works out to approximately 2.22%, so look for shares of Frontline plc to trade 2.22% lower — all else being equal — when FRO shares open for trading on 12/11/24.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRO is likely to continue, and whether the current estimated yield of 8.89% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRO shares, versus its 200 day moving average:

Looking at the chart above, FRO's low point in its 52 week range is $15.105 per share, with $29.39 as the 52 week high point — that compares with a last trade of $15.35.

In Monday trading, Frontline plc shares are currently off about 3% on the day.

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Also see:

• Alphabetical List of All Hedge Funds
• ETFs Holding AER
• Institutional Holders of FBRX

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.