SmarterDividends
FRO

Frontline plc

FRO

Energy · Oil & Gas Midstream · Stock · quarterly payer

$55.23

Undervalued · +28% Add to Portfolio

Forward Yield

9.74%

Annual Dividend

$5.38

Payout Ratio

47%

5-Yr Growth

-18.7%

Ex-Date

Sep 18, 2026

Frequency

Quarterly

Key facts about FRO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Frontline plc (FRO) has a forward dividend yield of 9.74%, based on an annual dividend of $5.38 per share and a share price of $55.23.
  • As of Oct 27, 2026, FRO's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • FRO last cut its regular dividend in 2011.
  • FRO's most recent ex-dividend date was Sep 18, 2026, for a dividend of $3.41 per share.
  • As of Oct 27, 2026, FRO pays out 47% of its trailing 12-month earnings as dividends (its payout ratio).
  • FRO's dividend has shrunk at an average rate of 18.7% a year over the past five years.
  • As of Oct 27, 2026, FRO's 9.74% yield is 36% above its five-year average yield of 7.17%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for FRO is $70.86 per share, 28% above the $55.23 share price, so FRO screens as undervalued.
  • Frontline plc (FRO) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "FRO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/FRO

Summary

As of Oct 27, 2026, Frontline plc (FRO) yields 9.74% ($5.38 a year per share) and has a dividend safety grade of C (60/100).

Is FRO a good dividend stock?

Yes, with caveats

Frontline plc (FRO) pays a quarterly dividend yielding 9.74% ($5.38/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (47%)
  • 673% total price return over 5 years

Risks

  • Cut its dividend in 2011
  • Dividend has been shrinking, not growing
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
9.74%
Payout Ratio
47%
Annual Dividend
$5.38
5-Yr Avg Growth
-18.7%
Ex-Dividend Date
Sep 18, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.18
Market Cap
$12.3B
P/E Ratio
8.3
5-Yr Total Return
673%
52-Week Range
$20.47 – $59.75
Dividend Safety
C · 60/100
Ever Cut?
Yes (2011)

FRO dividend changes

Frontline plc (FRO) pays a variable dividend: across the 69 payments on record since 2001, 23 were higher than the one before and 16 lower. The latest change was up 50.5% to $1.55 per share, going ex-dividend on Jun 12, 2026.

Ex-dateChangeOld → newMove
Jun 12, 2026Higher$1.03 → $1.55+50.5%
Mar 12, 2026Higher$0.180 → $1.03+472.2%
Jun 12, 2025Lower$0.200 → $0.180−10.0%
Mar 14, 2025Lower$0.340 → $0.200−41.2%
Dec 11, 2024Lower$0.620 → $0.340−45.2%
Jun 14, 2024Higher$0.370 → $0.620+67.6%
Mar 14, 2024Higher$0.300 → $0.370+23.3%
Dec 14, 2023Lower$0.800 → $0.300−62.5%
Sep 14, 2023Higher$0.700 → $0.800+14.3%
Jun 15, 2023Higher$0.150 → $0.700+366.7%
Sep 10, 2020Higher$0.400 → $0.500+25.0%
Mar 12, 2020Higher$0.100 → $0.400+300.0%
Every FRO payment →Download every raise and cut (CSV)
FRO ex-dividend date & scheduleNext ex-date Sep 18, 2026 · full ex-dividend historyView →FRO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is FRO a good dividend stock?

Yes, with caveats. Frontline plc (FRO) pays a quarterly dividend yielding 9.74% ($5.38/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is FRO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FRO's fair value is about $70.86 versus a $55.23 share price — so it looks undervalued (+28% vs. fair value).

Is FRO's dividend safe?

FRO has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2011, debt and yield-versus-history.

What is FRO's fair value?

Our blended fair-value estimate for FRO is about $70.86 per share, roughly 28% above the current $55.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FRO a buy, hold, or sell?

We don't issue formal ratings, but on the data FRO screens as "yes, with caveats" and undervalued. Frontline plc (FRO) pays a quarterly dividend yielding 9.74% ($5.38/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will FRO cut its dividend?

FRO earns a dividend-safety grade of C (60/100), and has cut its dividend before (last in 2011). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FRO pay a dividend?

Yes. Frontline plc pays a quarterly dividend of about $5.38 per share annually, a forward yield of roughly 9.74%.

What is FRO's dividend yield?

As of Oct 27, 2026, FRO's forward dividend yield is 9.74%, based on a $5.38 annual dividend and a $55.23 share price.

What is FRO's dividend per share?

As of Oct 27, 2026, FRO pays $5.38 per share per year, distributed on a quarterly basis.

What is FRO's dividend payout ratio?

As of Oct 27, 2026, FRO's payout ratio is 47% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has FRO grown its dividend?

FRO does not currently have a long dividend-growth streak on record.

When is the next FRO ex-dividend date?

As of Oct 27, 2026, FRO's next ex-dividend date hasn't been announced. The most recent was Sep 18, 2026, for $3.41 per share.

FRO Dividend News

FRO
IncreaseFRO·Jun 13, 2026

Frontline Raises Quarterly Dividend 50.5% to $1.55

Frontline's $1.55 quarterly payout reflects its variable policy tied to adjusted profit, while an 11.31% yield comes with an uneven payment history.

Income Calculator

At $5.38 / yr per share

Per payment (quarterly)$134.50
Annual$538.00
Monthly avg$44.83

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