Why I Sold Flex LNG After a 35.23% Gain

A high dividend yield gave me a reason to buy Flex LNG. It couldn’t make the decision to hold for me.

I started building our position in June 2024. By the time we closed it, the reported gain on the trade was 35.23%. The useful part of this trade is what happened between those two decisions, when the stock spent long stretches testing my patience.

What put FLNG on my radar

Flex LNG showed up while I was screening for dividend stocks with charts I could work with. It fit the kind of setup I look for in the 7% Dividend Club. The initial purchase was at an approximate annualized yield of 12% at my entry price. When I added in December 2024, the comparable figure was roughly 13%.

Those were yield estimates for two purchases. You’d need the size of each purchase to calculate a blended yield on cost. The cash actually received over the holding period is a separate calculation.

The chart mattered from day one. I was buying inside a range, with support below and resistance overhead. The income gave me a reason to consider a position while I waited to see whether the downtrend would break.

The breakout took its time

FLNG reversed near an area of support in December 2024. A January 2025 breakout attempt failed. The stock pulled back, consolidated and eventually broke out in July.

I made additions and trims along the way and shared those decisions through member trade alerts. The value of reviewing the trade now is seeing why the position changed at each stage. A purchase alert tells you where the trade started. The later decisions show how it was managed.

Why I sold an income position

After the May 2026 peak, FLNG rallied again and made a lower high. I was also looking for a more attractive valuation. With the chart rolling over, I chose to close the position.

I’d still consider another entry if price returns to a support area and the valuation improves. I’d reassess the stock at that price, with whatever dividend the company has actually declared.

Dividend capture would be a separate trade with its own entry and exit. For a regular cash dividend, a buyer generally needs to purchase before the ex-dividend date to qualify. The share price can fall around that date, so the payment alone tells you very little about whether the trade will work. SEC investor guidance

Would you have kept holding for income after the lower high? Watch the chart walkthrough, then tell me what would have changed your decision.

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