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NFE New Fortress Energy dividend history, payout ratio & dates

New Fortress Energy's latest quarterly cash dividend of $0.1 per share was issued to shareholders on record before Mar 14, 2024. The dividend distribution stands at $0.4 per share annually, which comes to a dividend yield of 1.43%.

Key dates

  • NFE last dividend date: Mar 14, 2024
  • NFE next dividend date: Not announced
NFE dividend stats
DPS
$0.4
Dividend yield
1.41%
Payout ratio
15%
vs. Utilities sector
Dividend yield
3.54%
Payout ratio
65.4%

Dividend yield

What is New Fortress Energy current dividend yield

New Fortress Energy's dividend yield of 1.43% is below the Utilities sector and the industry average. In comparison with its Utilities sector average of 3.54%, New Fortress Energy's dividend yield is 60% lower.

Dividend history

What is NFE dividend payout history and dates

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 6% from a year ago, the dividend yield has increased by 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is New Fortress Energy dividend payout ratio compared to the sector

Payout ratio

New Fortress Energy's payout ratio of 15% is below the Utilities sector and the industry average. Compared to its Utilities sector average of 65.4%, New Fortress Energy's payout ratio is 77% lower.

Total amount of dividends paid per financial year (from cash flow)

NFE dividend vs peer dividends

How does NFE dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NWN Northwest Natural Holding Co 5.15% $1.95 75.1%
OGS ONE Gas Inc 4.05% $2.61 62.7%
NJR New Jersey Resources Corp 3.8% $1.65 67.3%
NFE New Fortress Energy Inc 1.41% $0.4 15%

Frequently asked questions

Does New Fortress Energy pay a dividend?

Yes, New Fortress Energy has been paying dividends for the last four years.

When is New Fortress Energy's next dividend?

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 June 2024.

When was NFE's last dividend?

New Fortress Energy's last dividend ex-date was on Mar 14, 2024. The dividend amount was $0.1 per share.

How much dividend does New Fortress Energy pay (per share)?

NFE's annualized dividend per share is $0.4.

What is New Fortress Energy's dividend yield?

The current dividend yield of New Fortress Energy is 1.43%.

How often does New Fortress Energy pay dividends?

New Fortress Energy has a quarterly dividend frequency.

What is New Fortress Energy's dividend payout ratio?

The dividend payout ratio of New Fortress Energy is 15%.

Does New Fortress Energy pay a good dividend?

New Fortress Energy's dividend yield is lower than the Utilities sector average.