Fortescue Dividend
Dividend criteria checks 5/6
Fortescue is a dividend paying company with a current yield of 8.09% that is well covered by earnings.
Key information
8.1%
Dividend yield
74%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$1.87 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Stability 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) | 8.1% |
Market Bottom 25% (AU) | 2.5% |
Market Top 25% (AU) | 6.3% |
Industry Average (Metals and Mining) | 4.9% |
Analyst forecast in 3 Years (FMG) | 4.9% |
Notable Dividend: FMG's dividend (8.09%) is higher than the bottom 25% of dividend payers in the Australian market (2.54%).
High Dividend: FMG's dividend (8.09%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), FMG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.1%), FMG's dividend payments are covered by cash flows.