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Flex LNG (Flex LNG) Dividend Yield % : 11.64% (As of May. 01, 2024)


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What is Flex LNG Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of Flex LNG is 11.64%.

Good Sign:

Flex LNG Ltd stock dividend yield is close to 5-year high.

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

FLNG' s Dividend Yield % Range Over the Past 10 Years
Min: 0.95   Med: 7.35   Max: 12.1
Current: 11.64

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

FLNG's Dividend Yield % is ranked better than
90.49% of 494 companies
in the Oil & Gas industry
Industry Median: 4.045 vs FLNG: 11.64

Flex LNG's Dividend Payout Ratio for the three 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.

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.

As of today (2024-05-01), the Forward Dividend Yield % of Flex LNG is 11.64%.

Flex LNG's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Flex LNG's Dividend Yield % 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 Yield % Chart

Flex LNG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.29 7.88 9.03 10.32

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 Yield % 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 9.03 8.93 9.83 9.95 10.32

Competitive Comparison of Flex LNG's Dividend Yield %

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 Dividend Yield % Calculation

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 0.7500002024-02-222024-02-232024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.7500002023-11-272023-11-282023-12-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.7500002023-08-302023-08-312023-09-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.7500002023-05-302023-05-312023-06-13Cash DividendquarterlyUSD:USD 1.000000

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3/25.75
=11.65 %

Current Share Price is $25.75.
Flex LNG's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3/25.75
=11.65 %

Current Share Price is $25.75.
Flex LNG's Dividends per Share for the forward twelve months is calculated as $0.75 * 4 = $3.

* 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  (NYSE:FLNG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Flex LNG Dividend Yield % Related Terms

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


Flex LNG (Flex LNG) 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 (Flex LNG) Headlines

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