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Flex LNG Maintains Dividend and Guidance
FLEXFlex(FLEX) The Motley Fool·2025-05-22 15:55

Declared an ordinary dividend of 0.75pershareforthequarter,resultinginatrailingtwelvemonthyieldof120.75 per share for the quarter, resulting in a trailing twelve-month yield of 12%, supported by 410 million in cash at the end of Q1 2025.Flex LNG (FLNG -8.16%) reaffirmed full-year 2025 revenue guidance in the 340million340 million–360 million range. The board announced another ordinary dividend of $0.75 per share, while management executed new financing initiatives and highlighted strong contract backlog covering up to 88 years if options are exercised.Strengthening Balance Shee ...