Frontline plc
FROEnergy · Stock · quarterly payer
Forward Yield
8.58%
Annual Dividend
$3.13
Payout Ratio
43%
5-Yr Growth
-18.7%
Ex-Date
Jun 12, 2026
Frequency
Quarterly
Summary
As of July 2026, Frontline plc (FRO) yields 8.58% ($3.13 per share annually), with a blended fair-value estimate of $46.05 — +26% upside, so it screens as undervalued. Dividend safety grade: C (62/100).
Is FRO a good dividend stock?
Yes, with caveatsFrontline plc (FRO) pays a quarterly dividend yielding 8.58% ($3.13/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 (43%)
- 405% 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
- 8.58%
- Payout Ratio
- 43%
- Annual Dividend
- $3.13
- 5-Yr Avg Growth
- -18.7%
- Ex-Dividend Date
- Jun 12, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.03
- Market Cap
- $8.2B
- P/E Ratio
- 9.0
- 5-Yr Total Return
- 405%
- 52-Week Range
- $18.06 – $43.10
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2011)
Frequently Asked Questions
FRO Price — Last 12 Months
Daily close
Price Return
1 Year
+75%
3 Years
+107%
5 Years
+405%
52-Week Range
$18.06 – $43.10
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FRO worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Frontline plc is $46.05 per share, versus a market price of $36.49. That implies 26% of upside — a margin of safety of about 21%.
Fair Value
$46.05
Current Price
$36.49
Upside
+26%
Margin of Safety
21%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 14.6% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $4.06 EPS, $3.13 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FRO Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 12, 2026 | — | $1.5500 | regular |
| Mar 12, 2026 | — | $1.0300 | regular |
| Jun 12, 2025 | — | $0.1800 | regular |
| Mar 14, 2025 | — | $0.2000 | regular |
| Dec 11, 2024 | — | $0.3400 | regular |
| Sep 13, 2024 | — | $0.6200 | regular |
| Jun 14, 2024 | — | $0.6200 | regular |
| Mar 14, 2024 | — | $0.3700 | regular |
| Dec 14, 2023 | — | $0.3000 | regular |
| Sep 14, 2023 | — | $0.8000 | regular |
| Jun 15, 2023 | — | $0.7000 | regular |
| Mar 15, 2023 | — | $1.0700 | regular |
| Sep 15, 2022 | — | $0.1500 | regular |
| Sep 10, 2020 | — | $0.5000 | regular |
Income Calculator
At $3.13 / yr per share
