New Fortress Energy (New Fortress Energy) Dividend Payout Ratio : 0.15 (As of Mar. 2024)

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What is New Fortress Energy Dividend Payout Ratio?

New Fortress Energy's dividend payout ratio for the months ended in Mar. 2024 was 0.15.

The historical rank and industry rank for New Fortress Energy's Dividend Payout Ratio or its related term are showing as below:

NFE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.56 Max: 2.7
Current: 0.14

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.

NFE's Dividend Payout Ratio is ranked better than
92.1% of 367 companies
in the Utilities - Regulated industry
Industry Median: 0.51 vs NFE: 0.14

As of today (2024-06-05), the Dividend Yield % of New Fortress Energy is 1.73%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

New Fortress Energy Dividend Payout Ratio Historical Data

The historical data trend for New Fortress Energy's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

New Fortress Energy Dividend Payout Ratio Chart

New Fortress Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.56

2.70

0.15

New Fortress Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.14	0.11	0.33	0.10	0.15

Competitive Comparison of New Fortress Energy's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, New Fortress Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, New Fortress Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where New Fortress Energy's Dividend Payout Ratio falls into.

New Fortress Energy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

New Fortress Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.4	/	2.604
	=	0.15

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

New Fortress Energy (NAS:NFE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

New Fortress Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of New Fortress Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

New Fortress Energy (New Fortress Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » New Fortress Energy Inc (NAS:NFE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NF0:Germany NF0:Germany

Address

111 W. 19th Street, 8th Floor, New York, NY, USA, 10011

Website

https://www.newfortressenergy.com

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