Fortum Oyj Dividend
Dividend criteria checks 4/6
Fortum Oyj is a dividend paying company with a current yield of 7.9% that is well covered by earnings. Next payment date is on 24th October, 2024 with an ex-dividend date of 2nd October, 2024.
Key information
7.9%
Dividend yield
80%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 24 Oct 24 |
Ex dividend date | 02 Oct 24 |
Dividend per share | US$1.238 |
Earnings per share | US$1.43 |
Dividend yield forecast | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FOJC.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: FOJC.Y'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.Y) | 7.9% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.4% |
Industry Average (Electric Utilities) | 2.8% |
Analyst forecast (FOJC.Y) (up to 3 years) | 5.7% |
Notable Dividend: FOJC.Y's dividend (7.9%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: FOJC.Y's dividend (7.9%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.1%), FOJC.Y's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.5%), FOJC.Y's dividend payments are not well covered by cash flows.