FLEX LNG Ltd.
FLNGEnergy · Stock · quarterly payer
Forward Yield
9.44%
Annual Dividend
$3.00
Payout Ratio
158%
5-Yr Growth
49.6%
Ex-Date
Sep 3, 2026
Frequency
Quarterly
Summary
As of September 2026, FLEX LNG Ltd. (FLNG) yields 9.44% ($3.00 per share annually), with a blended fair-value estimate of $30.82 — -2% downside, so it screens as fairly valued. Dividend safety grade: D (41/100).
Is FLNG a good dividend stock?
Higher riskFLEX LNG Ltd. (FLNG) pays a quarterly dividend yielding 9.44% ($3.00/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- Strong 49.6% 5-yr dividend growth
- 75% total price return over 5 years
Risks
- Cut its dividend in 2024
- Elevated payout ratio (158%)
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 9.44%
- Payout Ratio
- 158%
- Annual Dividend
- $3.00
- 5-Yr Avg Growth
- 49.6%
- Ex-Dividend Date
- Sep 3, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.16
- Market Cap
- $1.7B
- P/E Ratio
- 16.7
- 5-Yr Total Return
- 75%
- 52-Week Range
- $24.00 – $33.40
- Dividend Safety
- D · 41/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
FLNG Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
+4%
5 Years
+75%
52-Week Range
$24.00 – $33.40
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FLNG worth?
Fairly valuedlow confidenceOur blended fair-value estimate for FLEX LNG Ltd. is $30.82 per share, versus a market price of $31.48. That implies the stock is roughly fairly priced.
Fair Value
$30.82
Current Price
$31.48
Gap
-2%
Margin of Safety
-2%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
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 -1.6% 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, $1.91 EPS, $3.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FLNG Dividend Safety Score
Risky
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 |
|---|---|---|---|
| Sep 3, 2026 | — | $0.7500 | regular |
| May 29, 2026 | — | $0.7500 | regular |
| Feb 27, 2026 | — | $0.7500 | regular |
| Nov 28, 2025 | — | $0.7500 | regular |
| Sep 5, 2025 | — | $0.7500 | regular |
| Jun 6, 2025 | — | $0.7500 | regular |
| Jun 5, 2025 | — | $0.7500 | regular |
| Feb 19, 2025 | — | $0.7500 | regular |
| Nov 26, 2024 | — | $0.7500 | regular |
| Aug 28, 2024 | — | $0.7500 | regular |
| Jun 7, 2024 | — | $0.7500 | regular |
| Feb 22, 2024 | — | $0.7500 | regular |
| Nov 27, 2023 | — | $0.8750 | regular |
| Aug 30, 2023 | — | $0.7500 | regular |
Income Calculator
At $3.00 / yr per share
