FLNG - Flex LNG: 10% Yield Benefits From Supply Chain Disruption 54-Year Contract Backlog
- FLNG yields 10.5%, with a 69% payout ratio.
- It has paid three $.75/share quarterly dividends in a row.
- It just signed 4 long term charters, adding $750M to its backlog, which is now a minimum of 54 years.
- FLNG has long-term tailwinds in the LNG market, with Europe switching to U.S. supplies.
For further details see:
Flex LNG: 10% Yield, Benefits From Supply Chain Disruption, 54-Year Contract Backlog