Forterra Dividend
Dividend criteria checks 2/6
Forterra is a dividend paying company with a current yield of 2.75% 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
2.8%
Dividend yield
71%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 05 Jul 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | UK£0.062 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Forterra (LON:FORT) Has Announced That Its Dividend Will Be Reduced To £0.02
Apr 17
Forterra (LON:FORT) Is Paying Out A Larger Dividend Than Last Year
May 25Forterra's (LON:FORT) Dividend Will Be Increased To £0.101
Mar 12Recent updates
Investors Can Find Comfort In Forterra's (LON:FORT) Earnings Quality
Apr 26Forterra (LON:FORT) Has Announced That Its Dividend Will Be Reduced To £0.02
Apr 17Lacklustre Performance Is Driving Forterra plc's (LON:FORT) Low P/E
Dec 21Forterra (LON:FORT) Is Paying Out A Larger Dividend Than Last Year
May 25Forterra's (LON:FORT) Dividend Will Be Increased To £0.101
Mar 12Forterra's (LON:FORT) Upcoming Dividend Will Be Larger Than Last Year's
Aug 14Forterra's (LON:FORT) Upcoming Dividend Will Be Larger Than Last Year's
Jul 31Forterra (LON:FORT) Could Be Struggling To Allocate Capital
Apr 23Why The 29% Return On Capital At Forterra (LON:FORT) Should Have Your Attention
Jan 11Is Forterra (LON:FORT) A Risky Investment?
Dec 16Forterra plc (LON:FORT) Shares Could Be 21% Below Their Intrinsic Value Estimate
Nov 17When Should You Buy Forterra plc (LON:FORT)?
Sep 08Shareholders Will Be Pleased With The Quality of Forterra's (LON:FORT) Earnings
Aug 06Returns On Capital Signal Difficult Times Ahead For Forterra (LON:FORT)
Jun 07Should Shareholders Reconsider Forterra plc's (LON:FORT) CEO Compensation Package?
May 12Here's Why Forterra (LON:FORT) Can Manage Its Debt Responsibly
Mar 11Have Insiders Sold Forterra plc (LON:FORT) Shares Recently?
Feb 03
Forterra's (LON:FORT) Shareholders Are Down 32% On Their Shares
Dec 22Does Forterra's (LON:FORT) CEO Salary Compare Well With The Performance Of The Company?
Nov 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FORT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FORT'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FORT) | 2.8% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Basic Materials) | 4.4% |
| Analyst forecast in 3 Years (FORT) | 4.7% |
Notable Dividend: FORT's dividend (2.75%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: FORT's dividend (2.75%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71%), FORT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: FORT is paying a dividend but the company has no free cash flows.