Fortescue Dividends and Buybacks
Dividend criteria checks 5/6
Fortescue is a dividend paying company with a current yield of 10.68% that is well covered by earnings.
Key information
10.7%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 11.1% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 9.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$1.970 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FMG1 N's dividend payments have been volatile in the past 10 years.
Growing Dividend: FMG1 N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fortescue Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FMG1 N) | 10.7% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Metals and Mining) | 7.5% |
| Analyst forecast (FMG1 N) (up to 3 years) | 4.1% |
Notable Dividend: FMG1 N's dividend (10.68%) is higher than the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: FMG1 N's dividend (10.68%) is in the top 25% of dividend payers in the MX market (7.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), FMG1 N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.8%), FMG1 N's dividend payments are covered by cash flows.