Fortress Minerals Dividend
Dividend criteria checks 2/6
Fortress Minerals is a dividend paying company with a current yield of 1.95% that is well covered by earnings.
Key information
2.0%
Dividend yield
24%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | S$0.006 |
| Earnings per share | S$0.019 |
| Dividend yield forecast | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OAJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OAJ's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Fortress Minerals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OAJ) | 2.0% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 5.9% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast (OAJ) (up to 3 years) | 3.2% |
Notable Dividend: OAJ's dividend (1.95%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.67%).
High Dividend: OAJ's dividend (1.95%) is low compared to the top 25% of dividend payers in the SG market (5.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), OAJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.6%), OAJ's dividend payments are well covered by cash flows.