SmarterDividends
FLNG

FLEX LNG Ltd.

FLNG

Energy · Stock · quarterly payer

Forward Yield

10.13%

Annual Dividend

$3.00

Payout Ratio

216%

5-Yr Growth

49.6%

Ex-Date

May 29, 2026

Frequency

Quarterly

FLNG Dividend Safety Score

44/ 100
Grade D

Risky

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage216% of earnings paid out
Balance-sheet strengthDebt/equity of 2.61
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is FLNG a good dividend stock?

Mixed

FLEX LNG Ltd. (FLNG) pays a quarterly dividend yielding 10.13% ($3.00/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 49.6% 5-yr dividend growth
  • 102% total price return over 5 years

Risks

  • Cut its dividend in 2024
  • Elevated payout ratio (216%)
  • Very high yield can signal elevated risk
  • Below-average dividend safety score

Key Data

Dividend Yield
10.13%
Payout Ratio
216%
Annual Dividend
$3.00
5-Yr Avg Growth
49.6%
Ex-Dividend Date
May 29, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.17
Market Cap
$1.6B
P/E Ratio
21.3
5-Yr Total Return
102%
52-Week Range
$21.72 – $33.40
Dividend Safety
D · 44/100
Ever Cut?
Yes (2024)
FLNG ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.00 / yr per share

Per payment (quarterly)$75.00
Annual$300.00
Monthly avg$25.00