Frontline dividend chart

This chart suggests that Frontline will raise their dividend. Two out of the three peaks resulted in a dividend that was about 65% of the operating income. Taking that as a safe guess, the next dividend should be $180 million, which is $2.40 per share.

We also need to think about how high current tanker rates will stay for how long. Also, if the price goes high enough, should we sell before the dividend is announced? No, we should probably wait and see if the prediction is accurate.