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Flex LNG (Flex LNG) 5-Year Yield-on-Cost % : 11.52 (As of May. 01, 2024)


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What is Flex LNG 5-Year Yield-on-Cost %?

Flex LNG's yield on cost for the quarter that ended in Dec. 2023 was 11.52.


The historical rank and industry rank for Flex LNG's 5-Year Yield-on-Cost % or its related term are showing as below:

FLNG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.95   Med: 7.35   Max: 12.1
Current: 11.52


During the past 13 years, Flex LNG's highest Yield on Cost was 12.10. The lowest was 0.95. And the median was 7.35.


FLNG's 5-Year Yield-on-Cost % is ranked better than
80.12% of 493 companies
in the Oil & Gas industry
Industry Median: 4.69 vs FLNG: 11.52

Competitive Comparison of Flex LNG's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, Flex LNG's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flex LNG's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Flex LNG's 5-Year Yield-on-Cost % falls into.



Flex LNG 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Flex LNG is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Flex LNG  (NYSE:FLNG) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Flex LNG 5-Year Yield-on-Cost % Related Terms

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Flex LNG (Flex LNG) Business Description

Industry
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 (Flex LNG) Headlines

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