Fortum Oyj Dividend
Dividend criteria checks 5/6
Fortum Oyj is a dividend paying company with a current yield of 8.76% that is well covered by earnings. Next payment date is on 9th October, 2024 with an ex-dividend date of 1st October, 2024.
Key information
8.8%
Dividend yield
71%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | 09 Oct 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | n/a |
| Earnings per share | €1.61 |
| Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57
Apr 25
Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57
Mar 28Recent updates
Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57
Apr 25Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57
Mar 28We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package
Mar 19Is Fortum Oyj (HEL:FORTUM) A Risky Investment?
Mar 05Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 14Pinning Down Fortum Oyj's (HEL:FORTUM) P/S Is Difficult Right Now
Dec 19Here's Why Fortum Oyj (HEL:FORTUM) Can Manage Its Debt Responsibly
Nov 18Fortum Oyj (HEL:FORTUM) Shares Could Be 31% Below Their Intrinsic Value Estimate
Nov 03Is There An Opportunity With Fortum Oyj's (HEL:FORTUM) 43% Undervaluation?
Jul 23An Intrinsic Calculation For Fortum Oyj (HEL:FORTUM) Suggests It's 26% Undervalued
Mar 29Does Fortum Oyj (HEL:FORTUM) Have A Healthy Balance Sheet?
Sep 02Need To Know: Analysts Are Much More Bullish On Fortum Oyj (HEL:FORTUM) Revenues
May 19When Should You Buy Fortum Oyj (HEL:FORTUM)?
May 06We Think Fortum Oyj (HEL:FORTUM) Can Stay On Top Of Its Debt
Feb 14At €25.30, Is Fortum Oyj (HEL:FORTUM) Worth Looking At Closely?
Jan 20Fortum Oyj's (HEL:FORTUM) Intrinsic Value Is Potentially 40% Above Its Share Price
Dec 30Is Fortum Oyj (HEL:FORTUM) Using Too Much Debt?
Oct 28Should You Investigate Fortum Oyj (HEL:FORTUM) At €26.74?
Oct 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FORTUM's dividend payments have been volatile in the past 10 years.
Growing Dividend: FORTUM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fortum Oyj Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FORTUM) | 8.8% |
| Market Bottom 25% (FI) | 2.8% |
| Market Top 25% (FI) | 5.8% |
| Industry Average (Electric Utilities) | 5.7% |
| Analyst forecast in 3 Years (FORTUM) | 5.8% |
Notable Dividend: FORTUM's dividend (8.76%) is higher than the bottom 25% of dividend payers in the Finnish market (2.84%).
High Dividend: FORTUM's dividend (8.76%) is in the top 25% of dividend payers in the Finnish market (5.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.4%), FORTUM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.9%), FORTUM's dividend payments are covered by cash flows.