Fortescue Metals Group Dividend
What is Fortescue Metals Group current dividend yield, its reliability and sustainability?
[object Object] Score4/6
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Fortescue Metals Group Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.6%|
|Market Top 25% (AU)||7.0%|
|Industry Average (Metals and Mining)||8.0%|
|Analyst forecast in 3 Years (FMG)||5.5%|
Notable Dividend: FMG's dividend (9.25%) is higher than the bottom 25% of dividend payers in the Australian market (2.55%).
High Dividend: FMG's dividend (9.25%) is in the top 25% of dividend payers in the Australian market (6.97%)
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.8%), FMG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.2%), FMG's dividend payments are not well covered by cash flows.