Fortescue Dividends and Buybacks
Dividend criteria checks 5/6
Fortescue is a dividend paying company with a current yield of 10.61% that is well covered by earnings.
Key information
10.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 11.0% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$1.970 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Insufficient Growth At Fortescue Ltd (ASX:FMG) Hampers Share Price
Dec 11
We Think The Compensation For Fortescue Ltd's (ASX:FMG) CEO Looks About Right
Oct 30Fortescue (ASX:FMG) Reports USD 5.7B Net Profit, Declares AUD 0.89 Dividend Amid Strong Financial Health
Sep 18Are Investors Undervaluing Fortescue Ltd (ASX:FMG) By 40%?
Sep 12Fortescue Ltd's (ASX:FMG) 26% Dip In Price Shows Sentiment Is Matching Earnings
Aug 15A Look At The Fair Value Of Fortescue Ltd (ASX:FMG)
Apr 11Here's Why Fortescue (ASX:FMG) Can Manage Its Debt Responsibly
Mar 27Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital
Mar 11Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report
Feb 25Fortescue Ltd's (ASX:FMG) Price Is Right But Growth Is Lacking
Dec 24Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Fortescue Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FMG) | 10.6% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Metals and Mining) | 5.8% |
| Analyst forecast (FMG) (up to 3 years) | 4.0% |
Notable Dividend: FMG's dividend (10.61%) is higher than the bottom 25% of dividend payers in the Australian market (2.68%).
High Dividend: FMG's dividend (10.61%) is in the top 25% of dividend payers in the Australian market (6.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), FMG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.5%), FMG's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 07:26 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fortescue Ltd is covered by 41 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Harrowell | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Ephrem Ravi | Barclays |