Fortune Shoes Dividend
Dividend criteria checks 2/6
Fortune Shoes is a dividend paying company with a current yield of 1.37% that is well covered by earnings.
Key information
1.4%
Dividend yield
66%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳0.99 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FORTUNE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FORTUNE's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Fortune Shoes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FORTUNE) | 1.4% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Luxury) | 3.1% |
Analyst forecast in 3 Years (FORTUNE) | n/a |
Notable Dividend: FORTUNE's dividend (1.37%) is higher than the bottom 25% of dividend payers in the BD market (0.95%).
High Dividend: FORTUNE's dividend (1.37%) is low compared to the top 25% of dividend payers in the BD market (4.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.1%), FORTUNE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate FORTUNE's cash payout ratio to determine if its dividend payments are covered by cash flows.