FLEX LNG Dividends and Buybacks
Dividend criteria checks 3/6
FLEX LNG is a dividend paying company with a current yield of 14.06%.
Key information
14.1%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 13.9% |
| Future Dividend Yield | 14.1% |
| Dividend Growth | 17.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$3.000 |
| Payout ratio | 176% |
Recent dividend and buyback updates
Recent updates
We Like These Underlying Return On Capital Trends At FLEX LNG (NYSE:FLNG)
Dec 21
FLEX LNG (NYSE:FLNG) Has A Somewhat Strained Balance Sheet
Dec 03FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade
Nov 22FLEX LNG Ltd.'s (NYSE:FLNG) Prospects Need A Boost To Lift Shares
Oct 26FLEX LNG: 12% Yield, Tailwinds
Oct 04FLEX LNG: A Bond-Like 11.9% Yield To Lock Before Rate Cuts
Sep 09FLEX LNG (NYSE:FLNG) Shareholders Will Want The ROCE Trajectory To Continue
Sep 06Flex LNG: Trade The Yield, Don't Marry It
Aug 21FLEX LNG: 11% Yield On LNG Shipping
Jul 14Is FLEX LNG (NYSE:FLNG) A Risky Investment?
Jul 12FLEX LNG: Steady Amid Market Uncertainty, But Not A Buy
May 23FLEX LNG Ltd. (NYSE:FLNG) Could Be Riskier Than It Looks
May 08FLEX LNG: Bet On Resilient Demand For LNG Carriers
Apr 17FLEX LNG Q4: Bankable Dividend In Turbulent Waters
Mar 13Here's Why FLEX LNG (NYSE:FLNG) Has A Meaningful Debt Burden
Feb 23FLEX LNG: LNG Terminal Pause Adds Some Risk
Feb 09FLEX LNG (NYSE:FLNG) Is Experiencing Growth In Returns On Capital
Jan 27Investors Aren't Entirely Convinced By FLEX LNG Ltd.'s (NYSE:FLNG) Earnings
Jan 08FLEX LNG: Consistency Is Key
Dec 12FLEX LNG: 10% Yield, Special Dividend Declared
Nov 24Is There An Opportunity With FLEX LNG Ltd.'s (NYSE:FLNG) 25% Undervaluation?
Nov 07FLEX LNG: Lower Spot Freight Rates Weigh On Share Price
Oct 10Not Many Are Piling Into FLEX LNG Ltd. (NYSE:FLNG) Just Yet
Oct 03FLEX LNG: Upgrading To 'Buy' As Vessel Values Increase
Sep 27FLEX LNG (NYSE:FLNG) Is Doing The Right Things To Multiply Its Share Price
Sep 05FLEX LNG: 10% Yield, Industry Tailwinds
Aug 20FLEX LNG: A Promising LNG Shipper
Jun 20FLEX LNG Ltd. (NYSE:FLNG) Shares Could Be 24% Above Their Intrinsic Value Estimate
Jun 16FLEX LNG: 9% Yield, Strong Q1 Earnings, Tailwinds
May 26Flex LNG Q4 2022 Earnings Preview
Feb 13FLEX LNG: A High Yield Floating Pipeline
Feb 01Flex LNG Q3 2022 Earnings Preview
Nov 14FLEX LNG: Energy Crisis Likely Not Fully Baked In
Sep 22Flex LNG reports Q2 earnings miss; sees Q3 revenue of ~$90M below estimates
Aug 24Flex LNG: 10% Yield, Benefits From Supply Chain Disruption, 54-Year Contract Backlog
Jun 26Shipping And Oil Sector Selloffs? Buy Flex LNG
Jun 09Flex LNG: An 11% Yield To Sail Through Rough Markets
May 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FLNG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FLNG'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 (FLNG) | 14.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast (FLNG) (up to 3 years) | 14.1% |
Notable Dividend: FLNG's dividend (14.06%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: FLNG's dividend (14.06%) is in the top 25% of dividend payers in the US market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (175.7%), FLNG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.6%), FLNG's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:40 |
| End of Day Share Price | 2024/12/20 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 |
|
* 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
FLEX LNG Ltd. is covered by 14 analysts. 5 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 |
|---|---|
| Kristoffer Iden | Arctic Securities ASA |
| Gregory Lewis | BTIG |
| Marius Furuly | Carnegie Investment Bank AB |