Frontline plc
FROEnergy · Stock · quarterly payer
Forward Yield
11.67%
Annual Dividend
$5.38
Payout Ratio
47%
5-Yr Growth
-18.7%
Ex-Date
Sep 18, 2026
Frequency
Quarterly
Summary
As of September 2026, Frontline plc (FRO) yields 11.67% ($5.38 per share annually), with a blended fair-value estimate of $78.06 — +69% upside, so it screens as undervalued. Dividend safety grade: C (57/100).
Is FRO a good dividend stock?
MixedFrontline plc (FRO) pays a quarterly dividend yielding 11.67% ($5.38/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (47%)
- 392% 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
- 11.67%
- 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
- 0.06
- Market Cap
- $10.4B
- P/E Ratio
- 7.0
- 5-Yr Total Return
- 392%
- 52-Week Range
- $20.47 – $47.04
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2011)
Frequently Asked Questions
FRO Price — Last 12 Months
Daily close
Price Return
1 Year
+102%
3 Years
+146%
5 Years
+392%
52-Week Range
$20.47 – $47.04
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 $78.06 per share, versus a market price of $46.12. That implies 69% of upside — a margin of safety of about 41%.
Fair Value
$78.06
Current Price
$46.12
Upside
+69%
Margin of Safety
41%
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 19.2% 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, $6.67 EPS, $5.38 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 $5.38 / yr per share
