Fenix Resources Dividend
Dividend criteria checks 3/6
Fenix Resources is a dividend paying company with a current yield of 4.82% that is well covered by earnings.
Key information
4.8%
Dividend yield
31%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | AU$0.020 |
Earnings per share | AU$0.058 |
Dividend yield forecast in 3Y | 16.9% |
Recent dividend updates
Recent updates
Fenix Resources (ASX:FEX) Has A Pretty Healthy Balance Sheet
Aug 31Fenix Resources Limited's (ASX:FEX) Low P/E No Reason For Excitement
Jan 13We Think Fenix Resources' (ASX:FEX) Healthy Earnings Might Be Conservative
Sep 20We're Hopeful That Fenix Resources (ASX:FEX) Will Use Its Cash Wisely
Aug 02Fenix Resources (ASX:FEX) Is In A Good Position To Deliver On Growth Plans
Mar 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FEX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FEX has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Fenix Resources Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FEX) | 4.8% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.2% |
Industry Average (Metals and Mining) | 5.3% |
Analyst forecast in 3 Years (FEX) | 16.9% |
Notable Dividend: FEX's dividend (4.82%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%).
High Dividend: FEX's dividend (4.82%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), FEX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.2%), FEX's dividend payments are well covered by cash flows.