Fortune Brands Innovations Dividends and Buybacks
Dividend criteria checks 3/6
Fortune Brands Innovations is a dividend paying company with a current yield of 1.19% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
1.2%
Dividend yield
2.3%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 1.7% |
| Next dividend pay date | 11 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$0.960 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0IRN's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0IRN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fortune Brands Innovations Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0IRN) | 1.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Building) | 3.1% |
| Analyst forecast (0IRN) (up to 3 years) | 1.3% |
Notable Dividend: 0IRN's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0IRN's dividend (1.19%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), 0IRN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.7%), 0IRN's dividend payments are well covered by cash flows.