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New Fortress Energy (New Fortress Energy) 3-Year Dividend Growth Rate : 26.00% (As of Mar. 2024)


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What is New Fortress Energy 3-Year Dividend Growth Rate?

New Fortress Energy's Dividends per Share for the three months ended in Mar. 2024 was $0.10.

The historical rank and industry rank for New Fortress Energy's 3-Year Dividend Growth Rate or its related term are showing as below:

NFE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 26   Med: 26   Max: 26
Current: 26

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of New Fortress Energy was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

NFE's 3-Year Dividend Growth Rate is ranked better than
86.24% of 298 companies
in the Utilities - Regulated industry
Industry Median: 5.15 vs NFE: 26.00

During the past 12 months, New Fortress Energy's average Dividends Per Share Growth Rate was -88.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

New Fortress Energy's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.15. As of today, New Fortress Energy's Dividend Yield % is 1.68%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of New Fortress Energy's 3-Year Dividend Growth Rate

For the Utilities - Regulated Gas subindustry, New Fortress Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Fortress Energy's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, New Fortress Energy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where New Fortress Energy's 3-Year Dividend Growth Rate falls into.



New Fortress Energy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


New Fortress Energy  (NAS:NFE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

New Fortress Energy's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.1/ 0.67
=0.15

During the past 8 years, the highest Dividend Payout Ratio of New Fortress Energy was 2.70. The lowest was 0.14. And the median was 0.56.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

New Fortress Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-03-142024-03-150000-00-00Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-12-122023-12-132023-12-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-09-122023-09-132023-09-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-06-142023-06-152023-06-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

New Fortress Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.4/23.81
=1.68 %

Current Share Price is $23.81.
New Fortress Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4.

During the past 8 years, the highest Dividend Yield of New Fortress Energy was 13.10%. The lowest was 0.18%. And the median was 1.26%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


New Fortress Energy 3-Year Dividend Growth Rate Related Terms>


New Fortress Energy (New Fortress Energy) Business Description

Traded in Other Exchanges
Address
111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
Executives
Desmond Iain Catterall director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Timothy W. Jay director 111 W 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Matthew Wilkinson director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
C. William Griffin director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Katherine Wanner director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Nfe Smrs Holdings Llc 10 percent owner 10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Yunyoung Shin officer: Chief Accounting Officer C/O NEW FORTRESS ENERGY, 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
John J Mack director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Lynn Edens 10 percent owner C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Edens Family Holdings Llc 10 percent owner C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander Thomson 10 percent owner 10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Jonathan Rotolo 10 percent owner 10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Great Mountain Partners Llc 10 percent owner 157 CHURCH STREET, 20TH FLOOR, NEW HAVEN CT 06510
David J Grain director C/O MOTIENT CORPORATION, 300 KNIGHTSBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Wesley R Edens director, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105