Flex LNG Ltd. (FLNG) Dividends
Dividend Yield and Dividend History Highlights
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at 33 -- higher than 98.36% of other dividend issuers in the US.
- If you're seeking price stability while collecting dividends, note that FLNG has less volatility in its price than 5.96% of US stocks in our dividend set.
- FLNG is producing more trailing twelve month cash flow than 3.63% of US dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with FLNG's price: ORC, PCAR, KWR, VIVO and AEP.
FLNG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $21.33 | $96.24 | 283.28% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of FLNG, the DDM model, as implemented by StockNews, implies a positive return of 283.28% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Flex LNG Ltd are:
- Relative to all dividend yielding stocks in our set, Flex LNG Ltd's dividend yield of 11.95% is in the top 1.51000000000001%.
- The Flex LNG Ltd's dividend growth rate is greater than only 17.27% of its fellow small-sized market cap stocks that issue dividends.
- The stock's annual revenue of roughly $343 million puts it in the small-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 83.6% of companies in the same revenue class.
FLNG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-27 | Dividend | $0.75 | -- |
| 2024-08-29 | Dividend | $0.75 | -- |
| 2024-06-10 | Dividend | $0.75 | -- |
| 2024-02-22 | Dividend | $0.75 | -14.29% |
| 2023-11-27 | Dividend | $0.88 | +16.67% |
| 2023-08-30 | Dividend | $0.75 | -- |
| 2023-05-30 | Dividend | $0.75 | -25.00% |
| 2023-02-22 | Dividend | $1.00 | +33.33% |
| 2022-11-30 | Dividend | $0.75 | -40.00% |
| 2022-09-07 | Dividend | $1.25 | +66.67% |
| 2022-05-24 | Dividend | $0.75 | -- |
| 2022-03-01 | Dividend | $0.75 | -- |
| 2021-12-01 | Dividend | $0.75 | +87.50% |
| 2021-09-01 | Dividend | $0.40 | -- |
| 2021-06-01 | Dividend | $0.40 | +33.33% |
| 2021-03-02 | Dividend | $0.30 | -- |
FLNG Dividends vs. Peers
FLNG's dividend yield currently ranks #84 of 178 vs. its peers in the Energy - Oil & Gas category.