Future Generation Australia Dividend
Dividend criteria checks 2/6
Future Generation Australia is a dividend paying company with a current yield of 5.75% that is well covered by earnings.
Key information
5.8%
Dividend yield
59%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FGX) | 5.8% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.6% |
| Industry Average (Capital Markets) | 3.6% |
| Analyst forecast in 3 Years (FGX) | n/a |
Notable Dividend: FGX's dividend (5.75%) is higher than the bottom 25% of dividend payers in the Australian market (2.7%).
High Dividend: FGX's dividend (5.75%) is low compared to the top 25% of dividend payers in the Australian market (6.56%).
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 (229.1%), FGX's dividend payments are not well covered by cash flows.