New Fortress Energy's latest cash dividend of $0.1 per share was issued to shareholders on record before Sep 13, 2024. The dividend distribution stands at $0.4 per share annually, which comes to a dividend yield of 3.22%.
New Fortress Energy's dividend yield of 3.22% is above the Utilities sector average but below the industry average. But in comparison with its Utilities sector average of 3.14%, New Fortress Energy's dividend yield is only 2.5% higher.
New Fortress Energy has been paying dividends for the last four years. Our records show that NFE has distributed four quarterly dividends in the past year. The annualized dividend per share has a decrease of 90% since twelve months ago. And with the price of the stock down by 67% from a year ago, the dividend yield has a decrease of 69%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 13, 2024 | $0.1 | 3.4% |
Jun 14, 2024 | $0.1 | 1.81% |
Mar 14, 2024 | $0.1 | 1.28% |
Dec 12, 2023 | $0.1 | 10.82% |
Sep 12, 2023 | $0.1 | 12.23% |
Jun 14, 2023 | $0.1 | 13.35% |
Mar 16, 2023 | $0.1 | 13.81% |
Feb 6, 2023 | $0.547 | 10.19% |
Jan 3, 2023 | $3 | 9.4% |
Dec 6, 2022 | $0.1 | 0.87% |
Sep 6, 2022 | $0.1 | 0.7% |
Jun 13, 2022 | $0.1 | 0.99% |
Mar 17, 2022 | $0.1 | 1.29% |
Dec 6, 2021 | $0.1 | 1.64% |
Sep 3, 2021 | $0.1 | 1.32% |
May 28, 2021 | $0.1 | 0.95% |
Mar 25, 2021 | $0.1 | 0.64% |
Dec 1, 2020 | $0.1 | 0.47% |
Sep 3, 2020 | $0.1 | 0.35% |
New Fortress Energy's payout ratio of 43.5% is below the Utilities sector and the industry average. Compared to its Utilities sector average of 64.9%, New Fortress Energy's payout ratio is 33% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NJR New Jersey Resources Corp | 3.48% | $1.71 | 58.2% |
NFE New Fortress Energy Inc | 3.22% | $0.4 | 43.5% |
NI Nisource Inc | 2.86% | $1.06 | 62.7% |
Yes, New Fortress Energy has been paying dividends for the last four years.
New Fortress Energy's last dividend ex-date was on Sep 13, 2024. 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 3.22%.
New Fortress Energy has a quarterly dividend frequency.
The dividend payout ratio of New Fortress Energy is 43.5%.
New Fortress Energy's dividend yield is similar to the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.