Flex LNG (Flex LNG) Dividend Payout Ratio : 1.07 (As of Dec. 2023)

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What is Flex LNG Dividend Payout Ratio?

Flex LNG's dividend payout ratio for the months ended in Dec. 2023 was 1.07.

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 1.18, which seems too high.

The historical rank and industry rank for Flex LNG's Dividend Payout Ratio or its related term are showing as below:

FLNG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.68 Max: 1.29
Current: 1.18

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.

FLNG's Dividend Payout Ratio is ranked worse than
87.42% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs FLNG: 1.18

As of today (2024-05-01), the Dividend Yield % of Flex LNG is 11.48%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Flex LNG was 12.10%. The lowest was 0.95%. And the median was 7.35%.

Flex LNG's Dividends per Share for the months ended in Dec. 2023 was $0.75.

During the past 12 months, Flex LNG's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 167.50% per year.

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.

The growth rate is calculated with least square regression.

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

Flex LNG Dividend Payout Ratio Historical Data

The historical data trend for Flex LNG's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Flex LNG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.33

0.68

1.29

1.18

Flex LNG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.08	1.15	1.44	1.12	1.07

Competitive Comparison of Flex LNG's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Flex LNG's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Flex LNG's Dividend Payout Ratio falls into.

Flex LNG Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Flex LNG's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3	/	2.54
	=	1.18

Flex LNG's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.75	/	0.7
	=	1.07

Flex LNG (NYSE:FLNG) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Flex LNG Dividend Payout Ratio Related Terms

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

Flex LNG (Flex LNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flex LNG Ltd (NYSE:FLNG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FLNGo:Sweden FLNG:Norway FLNGo:UK 0RQ8:UK 0QQA:Germany

Address

14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08

Website

https://www.flexlng.com

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.

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