Fortescue Metals Group Dividend
Dividend criteria checks 5/6
Fortescue Metals Group is a dividend paying company with a current yield of 9.05% that is well covered by earnings.
Key information
9.0%
Dividend yield
70%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$1.88 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FMG N's dividend payments have been volatile in the past 10 years.
Growing Dividend: FMG N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fortescue Metals Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FMG N) | 9.0% |
Market Bottom 25% (MX) | 2.1% |
Market Top 25% (MX) | 6.2% |
Industry Average (Metals and Mining) | 6.1% |
Analyst forecast in 3 Years (FMG N) | 5.3% |
Notable Dividend: FMG N's dividend (9.05%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: FMG N's dividend (9.05%) is in the top 25% of dividend payers in the MX market (7.29%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.7%), FMG N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.9%), FMG N's dividend payments are covered by cash flows.