New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units, and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; marine LNG storage and regasification facility in Sergipe, Brazil; and LNG receiving facility in La Paz, Mexico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
New Fortress Energy Dividend Announcement
• New Fortress Energy announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
• New Fortress Energy annual dividend for 2024 was $0.30
• New Fortress Energy annual dividend for 2023 was $3.40
• New Fortress Energy's trailing twelve-month (TTM) dividend yield is 5.1%
• New Fortress Energy's payout ratio for the trailing twelve months (TTM) is 42.17%
New Fortress Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.10 | quarterly | 2024-09-27 |
2024-06-14 | $0.10 | quarterly | 2024-06-27 |
2024-03-14 | $0.10 | quarterly | 2024-03-27 |
2023-12-12 | $0.10 | quarterly | 2023-12-27 |
2023-09-12 | $0.10 | quarterly | 2023-09-27 |
2023-06-14 | $0.10 | quarterly | 2023-06-28 |
2023-03-16 | $0.10 | quarterly | 2023-03-28 |
2023-01-03 | $3.00 | quarterly | 2023-01-13 |
2022-12-06 | $0.10 | quarterly | 2022-12-20 |
2022-09-06 | $0.10 | quarterly | 2022-09-21 |
2022-06-13 | $0.10 | quarterly | 2022-06-28 |
2022-03-17 | $0.10 | quarterly | 2022-03-29 |
2021-12-06 | $0.10 | quarterly | 2021-12-17 |
2021-09-03 | $0.10 | quarterly | 2021-09-17 |
2021-05-28 | $0.10 | quarterly | 2021-06-11 |
2021-03-25 | $0.10 | quarterly | 2021-03-31 |
2020-12-01 | $0.10 | quarterly | 2020-12-09 |
2020-09-03 | $0.10 | quarterly | 2020-09-14 |
New Fortress Energy Dividend per year
New Fortress Energy Dividend growth
New Fortress Energy Dividend Yield
New Fortress Energy current trailing twelve-month (TTM) dividend yield is 5.1%. Interested in purchasing New Fortress Energy stock? Use our calculator to estimate your expected dividend yield:
New Fortress Energy Financial Ratios
New Fortress Energy Dividend FAQ
Other factors to consider when evaluating New Fortress Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: New Fortress Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, New Fortress Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, New Fortress Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from New Fortress Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: New Fortress Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, New Fortress Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New Fortress Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of New Fortress Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review New Fortress Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.