FLEX LNG Dividend
Dividend criteria checks 2/6
FLEX LNG is a dividend paying company with a current yield of 11.15%.
Key information
11.2%
Dividend yield
118%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NOK 2.54 |
Dividend yield forecast in 3Y | 10.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FLNGO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FLNGO's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
FLEX LNG Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FLNGO) | 11.2% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.6% |
Industry Average (Oil and Gas) | 4.4% |
Analyst forecast in 3 Years (FLNGO) | 10.7% |
Notable Dividend: FLNGO's dividend (11.15%) is higher than the bottom 25% of dividend payers in the UK market (2.07%).
High Dividend: FLNGO's dividend (11.15%) is in the top 25% of dividend payers in the UK market (5.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.8%), FLNGO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.6%), FLNGO's dividend payments are not well covered by cash flows.