GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flex LNG Ltd (CHIX:FLNGo) » Definitions » Dividends per Share

Flex LNG (CHIX:FLNGO) Dividends per Share : kr32.01 (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Flex LNG Dividends per Share?

Flex LNG's dividends per share for the three months ended in Mar. 2024 was kr7.96. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was kr32.01. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.07. As of today, Flex LNG's Dividend Yield % is 10.19%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Flex LNG Ltd is 1.16, which seems too high.

During the past 12 months, Flex LNG's average Dividends Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 167.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Flex LNG was 220.80% per year. The lowest was 167.50% per year. And the median was 194.15% per year.

For more information regarding to dividend, please check our Dividend Page.


Flex LNG Dividends per Share Historical Data

The historical data trend for Flex LNG's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flex LNG Dividends per Share Chart

Flex LNG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.74 16.62 29.64 31.65

Flex LNG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.90 8.10 8.04 7.91 7.96

Competitive Comparison of Flex LNG's Dividends per Share

For the Oil & Gas Midstream subindustry, Flex LNG's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flex LNG's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flex LNG's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Flex LNG's Dividend Yield % falls into.



Flex LNG Dividends per Share Calculation

Dividends paid to per common share.


Flex LNG  (CHIX:FLNGo) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Flex LNG's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=7.959/ 7.428
=1.07

During the past 13 years, the highest Dividend Payout Ratio of Flex LNG was 1.29. The lowest was 0.25. And the median was 0.68.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Flex LNG Ltd is 1.16, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Flex LNG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7500002024-06-072024-06-102024-06-26Cash DividendquarterlyUSD:NOK 10.713038
USD 0.7500002024-02-222024-02-232024-03-08Cash DividendquarterlyUSD:NOK 10.608100
USD 0.7500002023-11-272023-11-282023-12-05Cash DividendquarterlyUSD:NOK 10.771700
USD 0.7500002023-08-302023-08-312023-09-05Cash DividendquarterlyUSD:NOK 10.666000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Flex LNG's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=32.0691285/312.40
=10.27 %

Current Share Price is kr312.40.
Flex LNG's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr32.0691285.

During the past 13 years, the highest Dividend Yield of Flex LNG was 12.10%. The lowest was 0.95%. And the median was 7.49%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flex LNG Dividends per Share Related Terms

Thank you for viewing the detailed overview of Flex LNG's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Flex LNG (CHIX:FLNGO) Business Description

Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil-off rates.

Flex LNG (CHIX:FLNGO) Headlines

No Headlines