FLEX LNG (FLNG) for High Yield Dividends - Feb 2

[dan_s]

I have finished my review of our initial profile on FLNG, which I have decided to add it to our High Yield Income Portfolio.

Flex LNG Ltd. is a shipping company focused on the growing market for Liquefied Natural Gas (LNG).

Here is the link to the Company's website: https://www.flexlng.com/

Flex has a strong balance sheet, and it generates solid revenues quarter-after-quarter with annualized dividend yield of $11.2%. The BOD recently approved a stock buyback program, which should increase my per share valuation.

The profile will be sent to all EPG via email tomorrow morning.

[dan_s]

Good timing for new investors:
Oil Tanker Rates Soar Amid Shipping Shortages and Middle East Tensions
By Charles Kennedy - Feb 03, 2026, 9:15 AM CST

Read more: https://oilprice.com/Latest-Energy-News/World-News/Oil-Tanker-Rates-Soar-Amid-Shipping-Shortages-and-Middle-East-Tensions.html

Charles is talking about oil tankers, but rates on LNG tankers are also likely to increase since Europe is running very low on natural gas in storage. With still two months of winter remaining, several countries in Europe are down to less than 30% of natural gas storage capacity still full of natural gas.

Two days ago (the most recent I have) LNG cargos going to Europe were paid $13.52/MMBtu. Japan/Korea gas price was $11.47/MMBtu.