Future Generation Australia is a dividend paying company with a current yield of 5.68% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
5.7%
Dividend yield
59%
Payout ratio
Industry average yield
3.9%
Next dividend pay date
22 May 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
AU$0.11
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FGX has been paying a dividend for less than 10 years.
Growing Dividend: FGX's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Future Generation Australia Dividend Yield vs Market
How does FGX dividend yield compare to the market?
Segment
Dividend Yield
Company (FGX)
5.7%
Market Bottom 25% (AU)
2.6%
Market Top 25% (AU)
6.3%
Industry Average (Capital Markets)
3.9%
Analyst forecast in 3 Years (FGX)
n/a
Notable Dividend: FGX's dividend (5.68%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: FGX's dividend (5.68%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.3%), FGX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (228.5%), FGX's dividend payments are not well covered by cash flows.