Fortum Oyj Dividend
Dividend criteria checks 5/6
Fortum Oyj is a dividend paying company with a current yield of 9.29% that is well covered by earnings.
Key information
9.3%
Dividend yield
71%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.61 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FOJC.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: FOJC.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fortum Oyj Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FOJC.F) | 9.3% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Electric Utilities) | 3.4% |
Analyst forecast in 3 Years (FOJC.F) | 6.0% |
Notable Dividend: FOJC.F's dividend (9.29%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: FOJC.F's dividend (9.29%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.4%), FOJC.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.9%), FOJC.F's dividend payments are covered by cash flows.