International Seaways Inc. (NYSE:INSW) Announces Dividend Increase - $5.05 Per Share

International Seaways Inc. (NYSE:INSW) has declared a quarterly dividend of $5.05 per share, a significant 4,108.3% increase from its previous $0.12 dividend, resulting in a stated yield of 22.5%. The company also reported strong Q2 earnings, with EPS of $5.91 beating estimates and revenue up 138.9% year-over-year to $467.29 million, though shares fell 2.7% on Monday. Analysts expect the company to post $15.62 EPS for the current year.