Forterra is a dividend paying company with a current yield of 2.71% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 13th June, 2024.
Key information
2.7%
Dividend yield
71%
Payout ratio
Industry average yield
3.4%
Next dividend pay date
05 Jul 24
Ex dividend date
13 Jun 24
Dividend per share
n/a
Earnings per share
€0.062
Dividend yield forecast in 3Y
4.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: F0T has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: F0T's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Forterra Dividend Yield vs Market
How does F0T dividend yield compare to the market?
Segment
Dividend Yield
Company (F0T)
2.7%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Basic Materials)
3.4%
Analyst forecast in 3 Years (F0T)
4.6%
Notable Dividend: F0T's dividend (2.71%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: F0T's dividend (2.71%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71%), F0T's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: F0T is paying a dividend but the company has no free cash flows.