Equity analysts who expect New York-listed Scorpio Tankers to cut its shareholder dividend might turn out to be right — but perhaps not for the reasons they have advanced in client notes.
Finances sources tell TradeWinds the product tanker owner’s $0.13 quarterly payout is likely to be under review — but not because management has doubts about Scorpio’s ability to meet remaining financing obligations on its newbuildings or other liquidity concerns.
