Fonix Dividends and Buybacks

Dividend criteria checks 3/6

Fonix is a dividend paying company with a current yield of 3.61% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 21st November, 2024.

Key information

3.6%

Dividend yield

0.8%

Buyback Yield

Total Shareholder Yield4.5%
Future Dividend Yield4.0%
Dividend Growth6.1%
Next dividend pay date29 Nov 24
Ex dividend date21 Nov 24
Dividend per shareUK£0.083
Payout ratio78%

Recent dividend and buyback updates

Fonix (LON:FNX) Is Increasing Its Dividend To £0.057

Oct 28
Fonix (LON:FNX) Is Increasing Its Dividend To £0.057

Fonix Mobile (LON:FNX) Will Pay A Dividend Of £0.026

Mar 15
Fonix Mobile (LON:FNX) Will Pay A Dividend Of £0.026

Recent updates

Fonix (LON:FNX) Is Increasing Its Dividend To £0.057

Oct 28
Fonix (LON:FNX) Is Increasing Its Dividend To £0.057

Fonix Mobile (LON:FNX) Will Pay A Dividend Of £0.026

Mar 15
Fonix Mobile (LON:FNX) Will Pay A Dividend Of £0.026

Fonix Mobile plc's (LON:FNX) Shareholders Might Be Looking For Exit

Mar 14
Fonix Mobile plc's (LON:FNX) Shareholders Might Be Looking For Exit

Here's Why We Think Fonix Mobile (LON:FNX) Might Deserve Your Attention Today

Jan 06
Here's Why We Think Fonix Mobile (LON:FNX) Might Deserve Your Attention Today

Why We Think The CEO Of Fonix Mobile plc (LON:FNX) May Soon See A Pay Rise

Nov 08
Why We Think The CEO Of Fonix Mobile plc (LON:FNX) May Soon See A Pay Rise

Fonix Mobile (LON:FNX) Has Announced That It Will Be Increasing Its Dividend To £0.0236

Mar 16
Fonix Mobile (LON:FNX) Has Announced That It Will Be Increasing Its Dividend To £0.0236

Fonix Mobile's (LON:FNX) Dividend Will Be Increased To £0.045

Nov 17
Fonix Mobile's (LON:FNX) Dividend Will Be Increased To £0.045

Fonix Mobile's (LON:FNX) Upcoming Dividend Will Be Larger Than Last Year's

Oct 24
Fonix Mobile's (LON:FNX) Upcoming Dividend Will Be Larger Than Last Year's

Key Things To Consider Before Buying Fonix Mobile plc (LON:FNX) For Its Dividend

Mar 07
Key Things To Consider Before Buying Fonix Mobile plc (LON:FNX) For Its Dividend

What You Need To Know About Fonix Mobile plc's (LON:FNX) Investor Composition

Jan 13
What You Need To Know About Fonix Mobile plc's (LON:FNX) Investor Composition

Upcoming Dividend Payment

TodayNov 08 2024Ex Dividend DateNov 21 2024Dividend Pay DateNov 29 20248 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, FNX has been paying a dividend for less than 10 years.

Growing Dividend: FNX's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Fonix Dividend Yield vs Market
How does FNX dividend yield compare to the market?
SegmentDividend Yield
Company (FNX)3.6%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)5.8%
Industry Average (Diversified Financial)6.7%
Analyst forecast (FNX) (up to 3 years)4.0%

Notable Dividend: FNX's dividend (3.61%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).

High Dividend: FNX's dividend (3.61%) is low compared to the top 25% of dividend payers in the UK market (5.94%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (77.9%), FNX's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (57.7%), FNX's dividend payments are covered by cash flows.


Discover strong dividend paying companies