Fortescue Dividend
Dividend criteria checks 5/6
Fortescue is a dividend paying company with a current yield of 9.61% that is well covered by earnings.
Key information
9.6%
Dividend yield
71%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | AU$1.970 |
Earnings per share | AU$1.85 |
Dividend yield forecast | 3.6% |
Recent dividend updates
Fortescue Metals Group (ASX:FMG) Has Announced That Its Dividend Will Be Reduced To $1.00
Aug 30Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $0.75
Feb 17Recent updates
Fortescue (ASX:FMG) Reports USD 5.7B Net Profit, Declares AUD 0.89 Dividend Amid Strong Financial Health
Sep 18Are Investors Undervaluing Fortescue Ltd (ASX:FMG) By 40%?
Sep 12Fortescue Ltd's (ASX:FMG) 26% Dip In Price Shows Sentiment Is Matching Earnings
Aug 15A Look At The Fair Value Of Fortescue Ltd (ASX:FMG)
Apr 11Here's Why Fortescue (ASX:FMG) Can Manage Its Debt Responsibly
Mar 27Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital
Mar 11Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report
Feb 25Fortescue Ltd's (ASX:FMG) Price Is Right But Growth Is Lacking
Dec 24Returns On Capital Are A Standout For Fortescue (ASX:FMG)
Dec 06Fortescue Metals Group (ASX:FMG) Has Announced That Its Dividend Will Be Reduced To $1.00
Aug 30Why We Like The Returns At Fortescue Metals Group (ASX:FMG)
Aug 27We Think Fortescue Metals Group (ASX:FMG) Can Stay On Top Of Its Debt
Jun 18Fortescue Metals Group Limited's (ASX:FMG) Intrinsic Value Is Potentially 23% Below Its Share Price
May 31Why The 33% Return On Capital At Fortescue Metals Group (ASX:FMG) Should Have Your Attention
Apr 05Here's Why Fortescue Metals Group (ASX:FMG) Can Manage Its Debt Responsibly
Mar 05Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $0.75
Feb 17Is Fortescue Metals Group Limited (ASX:FMG) Worth AU$22.5 Based On Its Intrinsic Value?
Jan 30Returns on Capital Paint A Bright Future For Fortescue Metals Group (ASX:FMG)
Dec 14An Intrinsic Calculation For Fortescue Metals Group Limited (ASX:FMG) Suggests It's 23% Undervalued
Oct 29Is Fortescue Metals Group (ASX:FMG) Using Too Much Debt?
Oct 13Investors Shouldn't Overlook Fortescue Metals Group's (ASX:FMG) Impressive Returns On Capital
Sep 12Is Now The Time To Put Fortescue Metals Group (ASX:FMG) On Your Watchlist?
Jul 23A Look At The Intrinsic Value Of Fortescue Metals Group Limited (ASX:FMG)
Jul 08Is Fortescue Metals Group (ASX:FMG) A Risky Investment?
May 26With EPS Growth And More, Fortescue Metals Group (ASX:FMG) Is Interesting
Apr 13We Think Fortescue Metals Group (ASX:FMG) Can Manage Its Debt With Ease
Feb 17Here's Why I Think Fortescue Metals Group (ASX:FMG) Is An Interesting Stock
Jan 02Here's Why We Think Fortescue Metals Group (ASX:FMG) Is Well Worth Watching
Jul 30Fortescue Metals Group Limited (ASX:FMG) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jul 04These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely
Jun 21Returns On Capital Are A Standout For Fortescue Metals Group (ASX:FMG)
May 01Does This Valuation Of Fortescue Metals Group Limited (ASX:FMG) Imply Investors Are Overpaying?
Apr 03Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?
Mar 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FMG's dividend payments have been volatile in the past 10 years.
Growing Dividend: FMG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fortescue Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FMG) | 9.6% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.0% |
Industry Average (Metals and Mining) | 5.2% |
Analyst forecast (FMG) (up to 3 years) | 3.6% |
Notable Dividend: FMG's dividend (9.61%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: FMG's dividend (9.61%) is in the top 25% of dividend payers in the Australian market (6.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), FMG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.3%), FMG's dividend payments are covered by cash flows.