Frontline Dividends and Buybacks
Dividend criteria checks 3/6
Frontline is a dividend paying company with a current yield of 14.19% that is well covered by earnings. Next payment date is on 3rd January, 2025 with an ex-dividend date of 10th December, 2024.
Key information
14.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 18.5% |
| Dividend Growth | -5.5% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 10 Dec 24 |
| Dividend per share | NOK 2.170 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FRO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FRO's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Frontline Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FRO) | 14.2% |
| Market Bottom 25% (NO) | 3.4% |
| Market Top 25% (NO) | 8.0% |
| Industry Average (Oil and Gas) | 12.7% |
| Analyst forecast (FRO) (up to 3 years) | 18.5% |
Notable Dividend: FRO's dividend (14.19%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.41%).
High Dividend: FRO's dividend (14.19%) is in the top 25% of dividend payers in the Norwegian market (8.09%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.3%), FRO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: FRO is paying a dividend but the company has no free cash flows.