Fortescue Metals Gro Dividend yield

 Price  21.43
 Dividend  1.96
 Earnings  2.33
 Cash-flow  3.57
 Book value  8.93
 Equity  8.41

Fortescue Metals Gro is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Fortescue Metals Gro is a company from Australia, and his stocks are publicly traded.

Fortescue Metals Gro stock dividend

Fortescue Metals Gro paid a total dividend of 6,035 million AUD last year, for a market value of 65,983 millions (Market Cap 34,060 millions). Fortescue Metals Gro dividend per share is 1.96 AUD, and his stock market price 21.43 AUD.

According to the chart below, where dividend yield is displayed, Fortescue Metals Gro has a dividend yield of 9.15%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Basic Materials 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 Fortescue Metals Gro stocks dividend with other Industrial Metals and Mining companies or other of the best Australia dividend stocks list.

Dividend yield of Fortescue Metals Gro

Fortescue Metals Gro Dividend Payout

About the ability of Fortescue Metals Gro to maintain his current dividend of AUD 1.96 per share, an amount that accounts for 9.15%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fortescue Metals Gro payout on ernings is currently 84.12%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Fortescue Metals Gro 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 Fortescue Metals Gro is AUD 3.57 per share, which is higher than the dividend per share paid by the company of AUD 1.96, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Fortescue Metals Gro, compared againt world market average, Australia companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Fortescue Metals Gro payout

Fortescue Metals Gro Dividend History

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

Year Yield  AUD  Paypout  Shares* 

*In millions

Then you can see the evolution of Fortescue Metals Gro dividend stock, and compare it with the average of Australia stocks and that of the Industrial Metals and Mining stocks.

Fortescue Metals Gro stock dividend history

Fortescue Metals Gro Stock performance

Finally, last moth Fortescue Metals Gro showed a return of -1.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 16.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Metals and Mining firms.

Fortescue Metals Gro stock and market return