Fortum Oyj Dividend
Dividend criteria checks 4/6
Fortum Oyj is a dividend paying company with a current yield of 7.76% that is well covered by earnings.
Key information
7.8%
Dividend yield
80%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | €1.238 |
Earnings per share | €1.43 |
Dividend yield forecast | 5.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FOT0's dividend payments have been volatile in the past 10 years.
Growing Dividend: FOT0's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fortum Oyj Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FOT0) | 7.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Electric Utilities) | 4.3% |
Analyst forecast (FOT0) (up to 3 years) | 5.6% |
Notable Dividend: FOT0's dividend (7.76%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: FOT0's dividend (7.76%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.1%), FOT0's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.5%), FOT0's dividend payments are not well covered by cash flows.