Frontline Dividends and Buybacks
Dividend criteria checks 3/6
Frontline is a dividend paying company with a current yield of 15.75% 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
15.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 20.5% |
| Dividend Growth | -4.5% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 10 Dec 24 |
| Dividend per share | NOK 22.817 |
| 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) | 15.7% |
| Market Bottom 25% (NO) | 3.4% |
| Market Top 25% (NO) | 7.9% |
| Industry Average (Oil and Gas) | 13.7% |
| Analyst forecast (FRO) (up to 3 years) | 20.5% |
Notable Dividend: FRO's dividend (15.75%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.32%).
High Dividend: FRO's dividend (15.75%) is in the top 25% of dividend payers in the Norwegian market (7.84%)
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 03:43 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Frontline plc is covered by 26 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anders Holte | ABG Sundal Collier |
| Glenn Lodden | ABN AMRO Bank N.V. |
| Erik Stavseth | Arctic Securities ASA |