First Resources Dividends and Buybacks
Dividend criteria checks 3/6
First Resources is a dividend paying company with a current yield of 4.24% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 29th August, 2024.
Key information
4.2%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 16.5% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | US$0.0461 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FSRC.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: FSRC.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| First Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FSRC.Y) | 4.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Food) | 3.3% |
| Analyst forecast (FSRC.Y) (up to 3 years) | 5.8% |
Notable Dividend: FSRC.Y's dividend (4.24%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: FSRC.Y's dividend (4.24%) is low compared to the top 25% of dividend payers in the US market (4.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), FSRC.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: FSRC.Y is paying a dividend but the company has no free cash flows.