Flex LNG (OSTO:FLNGO) Dividend Yield %: 12.59% (As of Jul. 18, 2026) — 31% Above Median

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OSTO:FLNGO Flex LNG Ltd OSTO:FLNGO
72 GF Score
Price kr244.50
GF Value kr199.30
! 9 Warning Signs
View Full Analysis

What is Flex LNG Dividend Yield %?

Flex LNG OSTO:FLNGO 72 Dividend Yield % is 12.59% as of Jul. 18, 2026, which is 31% above its 10-year median of 9.62. GuruFocus rates OSTO:FLNGO with a GF Score™ of 72/100 and a GF Value™ of kr199.30. The stock has 9 warning signs investors should review. Among 502 Oil & Gas companies, Flex LNG ranks better than 91.63% on this metric.

As of today (2026-07-18), the Trailing Annual Dividend Yield of Flex LNG is 12.59%.

Warning Sign:

Flex LNG Ltd stock Dividend Yield % is close to 3-year low.

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

OSTO:FLNGo' s Dividend Yield % Range Over the Past 10 Years
Min: 1.12   Med: 9.62   Max: 14.71
Current: 12.59

During the past 13 years, the highest Dividend Yield of Flex LNG was 14.71%. The lowest was 1.12%. And the median was 9.62%.

OSTO:FLNGo's Dividend Yield % is ranked better than
91.63% of 502 companies
in the Oil & Gas industry
Industry Median: 3.75 vs OSTO:FLNGo: 12.59

Flex LNG's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.00.

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 1.95, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Flex LNG was 1.88. The lowest was 0.33. And the median was 1.12.

As of today (2026-07-18), the Forward Dividend Yield % of Flex LNG is 12.43%.

Flex LNG's Dividends per Share for the three months ended in Mar. 2026 was kr0.00.

During the past 5 years, the average Dividends Per Share Growth Rate was 53.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Flex LNG was 146.60% per year. The lowest was 0.00% per year. And the median was 17.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Flex LNG  (OSTO:FLNGo) 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


Flex LNG Dividend Yield % Historical Data

* Premium members only.

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.

Flex LNG Dividend Yield % Chart

Flex LNG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.13 8.74 10.53 12.76 0.00

Flex LNG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.76 14.02 12.90 0.00 0.00

OSTO:FLNGO vs GLP, LPG, GEL: Dividend Yield % Comparison

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 Dividend Yield % vs 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.


OSTO:FLNGO
72GF Score
Flex LNG Ltd OSTO:FLNGO
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 0.7500002025-11-282025-11-282025-12-11Cash DividendquarterlyUSD:NOK 10.129627
USD 0.7500002025-09-042025-09-052025-09-23Cash DividendquarterlyUSD:NOK 9.984100

* 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
=15.08529525/244.50
=6.17 %

Current Share Price is kr244.50.
Flex LNG's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr15.08529525.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=30.388881/244.50
=12.43 %

Current Share Price is kr244.50.
Flex LNG's Dividends per Share for the forward twelve months is calculated as kr7.59722025 * 4 = kr30.388881.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 12.59% mean?
Flex LNG (OSTO:FLNGO) has a Dividend Yield % of 12.59% as of Jul. 18, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Flex LNG and its competitors. This is 31% above median its historical median of 9.62. Over the past decade, Flex LNG's Dividend Yield % has ranged from 1.12 to 14.71. According to the industry distribution chart, Flex LNG ranks #42 out of 502 companies in the Oil & Gas industry, placing it in the top 8.4%.
Is Flex LNG's Dividend Yield % too high?
Flex LNG's current Dividend Yield % of 12.59% is 31% above median its 10-year median of 9.62. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 14.71. The Oil & Gas industry median Dividend Yield % is 3.75. Flex LNG's value of 12.59% is 235.7% above this industry median. Based on the distribution chart, Flex LNG ranks #42 out of 502 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Flex LNG has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's Dividend Yield % compare to GLP and LPG?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #42 out of 502 companies for Dividend Yield %. This places Flex LNG in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 3.75. Flex LNG's value of 12.59% is 235.7% above this benchmark. Historically, Flex LNG's own Dividend Yield % has ranged from 1.12 to 14.71 over the past decade. While the company's 10-year median is 9.62 vs. the industry median of 3.75, Flex LNG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Oil & Gas company?
The median Dividend Yield % among Oil & Gas companies is 3.75, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flex LNG's current Dividend Yield % of 12.59% is 235.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Flex LNG and its competitors. For the Oil & Gas industry, the median Dividend Yield % is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current Dividend Yield % is 12.59%, which is 31% above median its own 10-year median of 9.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex LNG stock overvalued right now?
Flex LNG (OSTO:FLNGO) has a current Dividend Yield % of 12.59%. The stock's GF Value™ is kr199.30, compared to a current price of kr244.50 — trading 22.7% above its estimated fair value. The current Dividend Yield % is 12.59%, which is 31% above median its 10-year median of 9.62 and 235.7% above the Oil & Gas industry median of 3.75. Flex LNG's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Flex LNG (OSTO:FLNGO), the current Dividend Yield % is 12.59% as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Flex LNG (OSTO:FLNGO) Overvalued in 2026?

Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued. The current stock price of kr244.50 is trading 22.7% above its estimated GF Value™ of kr199.30.

Key valuation signals for OSTO:FLNGO:

  • Dividend Yield %: 12.59% (31% above median its 10-year median of 9.62)
  • GF Value™: kr199.30 vs. price of kr244.50 (22.7% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 235.7% above the Oil & Gas median (#42 of 502)

No single metric tells the full story. See the OSTO:FLNGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flex LNG Business Description

Industry EnergyOil & Gas
Other Exchanges FLNG:USA0QQA:Germany
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 company's fleet consists of several LNG carriers on the water, and all of its vessels are of the latest generation equipped with two-stroke propulsion. Its fleet consists of M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers and Generation X Dual Fuel (X-DF) LNG carriers, offering improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. The company has one reportable segment: vessel operations, which generates revenue from the chartering of vessels to customers.
72GF Score

Get the complete analysis for OSTO:FLNGO

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr244.50
Price
kr199.30
GF Value