Fortum Oyj Dividend
Dividend criteria checks 3/6
Fortum Oyj is a dividend paying company with a current yield of 7.31% that is well covered by earnings. Last payment was on 10th October, 2023 with an ex-dividend date of 29th September, 2023.
Key information
7.3%
Dividend yield
51%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | 10 Oct 23 |
Ex dividend date | 29 Sep 23 |
Dividend per share | n/a |
Earnings per share | CHF1.78 |
Dividend yield forecast in 3Y | 7.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FOT's dividend payments have been volatile in the past 10 years.
Growing Dividend: FOT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Fortum Oyj Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FOT) | 7.3% |
Market Bottom 25% (CH) | 1.9% |
Market Top 25% (CH) | 4.1% |
Industry Average (Electric Utilities) | 5.4% |
Analyst forecast in 3 Years (FOT) | 7.1% |
Notable Dividend: FOT's dividend (7.31%) is higher than the bottom 25% of dividend payers in the Swiss market (1.98%).
High Dividend: FOT's dividend (7.31%) is in the top 25% of dividend payers in the Swiss market (4.1%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.8%), FOT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: FOT is paying a dividend but the company has no free cash flows.