New Fortress Energy Inc.

NasdaqGS:NFE Stock Report

Market Cap: US$4.9b

New Fortress Energy Dividend

Dividend criteria checks 3/6

New Fortress Energy is a dividend paying company with a current yield of 14.37% 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

14.4%

Dividend yield

18%

Payout ratio

Industry average yield4.1%
Next dividend pay date27 Jun 24
Ex dividend date14 Jun 24
Dividend per sharen/a
Earnings per shareUS$2.20
Dividend yield forecast in 3Y1.7%

Recent dividend updates

Recent updates

New Fortress Energy's Recent Contracts Could Enhance The Stock Price

Apr 04

Earnings Beat: New Fortress Energy Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 03
Earnings Beat: New Fortress Energy Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's A Story Of Risk Vs Reward With New Fortress Energy Inc. (NASDAQ:NFE)

Feb 26
It's A Story Of Risk Vs Reward With New Fortress Energy Inc. (NASDAQ:NFE)

If EPS Growth Is Important To You, New Fortress Energy (NASDAQ:NFE) Presents An Opportunity

Jan 03
If EPS Growth Is Important To You, New Fortress Energy (NASDAQ:NFE) Presents An Opportunity

Are New Fortress Energy Inc. (NASDAQ:NFE) Investors Paying Above The Intrinsic Value?

Dec 08
Are New Fortress Energy Inc. (NASDAQ:NFE) Investors Paying Above The Intrinsic Value?

Here's Why New Fortress Energy (NASDAQ:NFE) Has Caught The Eye Of Investors

Aug 09
Here's Why New Fortress Energy (NASDAQ:NFE) Has Caught The Eye Of Investors

Estimating The Intrinsic Value Of New Fortress Energy Inc. (NASDAQ:NFE)

May 19
Estimating The Intrinsic Value Of New Fortress Energy Inc. (NASDAQ:NFE)

New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt

Apr 28
New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt

New Fortress Energy Inc. (NASDAQ:NFE) Looks Just Right

Apr 07
New Fortress Energy Inc. (NASDAQ:NFE) Looks Just Right

Here's Why We Think New Fortress Energy (NASDAQ:NFE) Is Well Worth Watching

Mar 20
Here's Why We Think New Fortress Energy (NASDAQ:NFE) Is Well Worth Watching

New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt

Nov 10
New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt

New Fortress Energy goes ex-dividend on Tuesday

Sep 02

New Fortress Energy: A Golden Decade May Lie Ahead

Aug 13

Forecast: Analysts Think New Fortress Energy Inc.'s (NASDAQ:NFE) Business Prospects Have Improved Drastically

Aug 12
Forecast: Analysts Think New Fortress Energy Inc.'s (NASDAQ:NFE) Business Prospects Have Improved Drastically

New Fortress Energy Q2 2022 Earnings Preview

Aug 03

Are Investors Undervaluing New Fortress Energy Inc. (NASDAQ:NFE) By 30%?

Jul 06
Are Investors Undervaluing New Fortress Energy Inc. (NASDAQ:NFE) By 30%?

Analysts Just Made A Major Revision To Their New Fortress Energy Inc. (NASDAQ:NFE) Revenue Forecasts

May 14
Analysts Just Made A Major Revision To Their New Fortress Energy Inc. (NASDAQ:NFE) Revenue Forecasts

We Think New Fortress Energy (NASDAQ:NFE) Is Taking Some Risk With Its Debt

May 09
We Think New Fortress Energy (NASDAQ:NFE) Is Taking Some Risk With Its Debt

New Fortress: $2-$2.5 Billion In New Liquidity Could Make The Price Spike

May 03

New Fortress Energy Inc. (NASDAQ:NFE) Shares Could Be 37% Below Their Intrinsic Value Estimate

Apr 04
New Fortress Energy Inc. (NASDAQ:NFE) Shares Could Be 37% Below Their Intrinsic Value Estimate

Robust Earnings May Not Tell The Whole Story For New Fortress Energy (NASDAQ:NFE)

Mar 08
Robust Earnings May Not Tell The Whole Story For New Fortress Energy (NASDAQ:NFE)

Upcoming Dividend Payment

TodayJun 07 2024Ex Dividend DateJun 14 2024Dividend Pay DateJun 27 202413 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, NFE has been paying a dividend for less than 10 years.

Growing Dividend: NFE'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 NFE dividend yield compare to the market?
SegmentDividend Yield
Company (NFE)14.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Oil and Gas)4.1%
Analyst forecast in 3 Years (NFE)1.7%

Notable Dividend: NFE's dividend (14.37%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: NFE's dividend (14.37%) is in the top 25% of dividend payers in the US market (4.73%)


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.2%), NFE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: NFE is paying a dividend but the company has no free cash flows.


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