New Fortress Energy's latest quarterly cash dividend of $0.1 per share was issued to shareholders on record before Jun 14, 2024. The dividend distribution stands at $0.4 per share annually, which comes to a dividend yield of 1.97%.
New Fortress Energy's dividend yield of 1.97% is below the Utilities sector and the industry average. In comparison with its Utilities sector average of 3.26%, New Fortress Energy's dividend yield is 40% lower.
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 remained the same since twelve months ago. However with the price of the stock down by 29% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 14, 2024 | Jun 27, 2024 | May 7, 2024 | $0.1 | normal |
| Mar 14, 2024 | Mar 27, 2024 | Feb 26, 2024 | $0.1 | normal |
| Dec 12, 2023 | Dec 27, 2023 | Nov 7, 2023 | $0.1 | normal |
| Sep 12, 2023 | Sep 27, 2023 | Aug 7, 2023 | $0.1 | normal |
| Jun 14, 2023 | Jun 28, 2023 | May 4, 2023 | $0.1 | normal |
| Mar 16, 2023 | Mar 28, 2023 | Feb 28, 2023 | $0.1 | normal |
| 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 18.2% is below the Utilities sector and the industry average. Compared to its Utilities sector average of 65.7%, New Fortress Energy's payout ratio is 72% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NJR New Jersey Resources Corp | 3.57% | $1.68 | 66.1% |
| NI Nisource Inc | 3.29% | $1.03 | 64.4% |
| NFE New Fortress Energy Inc | 1.98% | $0.4 | 18.2% |
Yes, New Fortress Energy has been paying dividends for the last four 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 September 2024.
New Fortress Energy's last dividend ex-date was on Jun 14, 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 1.97%.
New Fortress Energy has a quarterly dividend frequency.
The dividend payout ratio of New Fortress Energy is 18.2%.
New Fortress Energy's dividend yield is lower than the Utilities sector average.