Fenix Resources Dividend
Dividend criteria checks 3/6
Fenix Resources is a dividend paying company with a current yield of 6.15% that is well covered by earnings.
Key information
6.2%
Dividend yield
31%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.058 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Fenix Resources (ASX:FEX) Has A Pretty Healthy Balance Sheet
Aug 31
Fenix 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) | 6.2% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.5% |
| Industry Average (Metals and Mining) | 5.1% |
| Analyst forecast in 3 Years (FEX) | n/a |
Notable Dividend: FEX's dividend (6.15%) is higher than the bottom 25% of dividend payers in the Australian market (2.72%).
High Dividend: FEX's dividend (6.15%) is low compared to the top 25% of dividend payers in the Australian market (6.56%).
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.