New Fortress Energy's latest quarterly cash dividend of $0.1 per share was issued to shareholders on record before Dec 6, 2022. The dividend distribution stands at $0.4 per share annually, which comes to a dividend yield of 1.05%.
New Fortress Energy's dividend yield of 1.05% is below the Utilities sector, the industry and its peers average. In comparison with its Utilities sector average of 3.07%, New Fortress Energy's dividend yield is 66% lower.
New Fortress Energy has been paying dividends for the last two years. Our records show that NFE has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 88% from a year ago, the dividend yield has a decrease of 47%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 6, 2022 | Dec 20, 2022 | Nov 8, 2022 | $0.1 | normal |
| Sep 6, 2022 | Sep 21, 2022 | Aug 3, 2022 | $0.1 | normal |
| Jun 13, 2022 | Jun 28, 2022 | May 4, 2022 | $0.1 | normal |
| Mar 17, 2022 | Mar 29, 2022 | Feb 28, 2022 | $0.1 | normal |
| Dec 6, 2021 | Dec 17, 2021 | Nov 2, 2021 | $0.1 | normal |
| Sep 3, 2021 | Sep 17, 2021 | Aug 4, 2021 | $0.1 | normal |
| May 28, 2021 | Jun 11, 2021 | May 7, 2021 | $0.1 | normal |
| Mar 25, 2021 | Mar 31, 2021 | Mar 15, 2021 | $0.1 | normal |
| Dec 1, 2020 | Dec 9, 2020 | Oct 29, 2020 | $0.1 | normal |
| Sep 3, 2020 | Sep 14, 2020 | Aug 27, 2020 | $0.1 | normal |
New Fortress Energy's payout ratio of 28.8% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 65%, New Fortress Energy's payout ratio is 56% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWN Northwest Natural Holding Co | 3.86% | $1.93 | 74.1% |
| NI Nisource Inc | 3.42% | $0.94 | 56.3% |
| OGS ONE Gas Inc | 3.08% | $2.48 | 62.3% |
| NJR New Jersey Resources Corp | 3.05% | $1.51 | 52.7% |
| NFE New Fortress Energy Inc | 1.05% | $0.4 | 28.8% |
Yes, New Fortress Energy has been paying dividends for the last two years.
At this point we don't have a record of NFE's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2023.
New Fortress Energy's last dividend ex-date was on Dec 6, 2022. The dividend amount was $0.1 per share.
NFE's annualized dividend per share is $0.4.
The current dividend yield of New Fortress Energy is 1.05%.
New Fortress Energy has a quarterly dividend frequency.
The dividend payout ratio of New Fortress Energy is 28.8%.
New Fortress Energy's dividend yield is lower than the Utilities sector average.