Fletcher Building Dividend yield

Fletcher Building is part of Construction and Materials business, which is part of Industrials industry. Fletcher Building is a company from New Zealand, and his stocks are publicly traded.

Fletcher Building stock dividend

Fletcher Building paid a total dividend of 368 million NZD last year, for a market value of 3,782 millions (Market Cap 3,764 millions). Fletcher Building dividend per share is 0.47 NZD, and his stock market price 4.83 NZD.

According to the chart below, where dividend yield is displayed, Fletcher Building has a dividend yield of 9.74%, which is higher than the amount offered by both the market average and companies from New Zealand. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Fletcher Building stocks dividend with other Construction and Materials companies or other of the best New Zealand dividend stocks list.

Fletcher Building Dividend Payout

About the ability of Fletcher Building to maintain his current dividend of NZD 0.47 per share, an amount that accounts for 9.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fletcher Building payout on ernings is currently 146.88%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Fletcher Building can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Fletcher Building is NZD 0.50 per share, which is higher than the dividend per share paid by the company of NZD 0.47, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Fletcher Building, compared againt world market average, New Zealand companies, Industrials industry and Construction and Materials sector companies.

Fletcher Building Dividend History

Below you will find a table with the historical evolution of Fletcher Building's dividend stock, both in percentage and in NZD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	NZD	Paypout	Shares*
Present	9.74%	0.47	146.88%	783
2022	9.97%	0.47	82.46%	787
2021	4.09%	0.30	75.00%	824
2020	2.54%	0.15	-71.43%	824
2019	4.52%	0.23	115.00%	837
2018	3.74%	0.18	-94.74%	853
2017	6.04%	0.46	287.50%	696
2016	4.14%	0.43	62.32%	685
2015	5.54%	0.40	100.00%	685

*In millions

Then you can see the evolution of Fletcher Building dividend stock, and compare it with the average of New Zealand stocks and that of the Construction and Materials stocks.

Fletcher Building Stock performance

Finally, last moth Fletcher Building showed a return of -13.40% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -13.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for New Zealand and Construction and Materials firms.