New Fortress Energy is a dividend paying company with a current yield of 13.47% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
13.5%
Dividend yield
18%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
27 Jun 24
Ex dividend date
14 Jun 24
Dividend per share
n/a
Earnings per share
€2.20
Dividend yield forecast in 3Y
1.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NF0 has been paying a dividend for less than 10 years.
Growing Dividend: NF0's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
New Fortress Energy Dividend Yield vs Market
How does NF0 dividend yield compare to the market?
Segment
Dividend Yield
Company (NF0)
13.5%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Oil and Gas)
3.1%
Analyst forecast in 3 Years (NF0)
1.5%
Notable Dividend: NF0's dividend (13.47%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: NF0's dividend (13.47%) is in the top 25% of dividend payers in the German market (4.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), NF0's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NF0 is paying a dividend but the company has no free cash flows.