Fortescue Metals Gro Dividend yield




   AUD/share 
 Price  14.96
 Dividend  3.58
 Earnings  4.53
 Cash-flow  5.34
 Book value  7.87
 Equity  7.03

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 paid a total dividend of 11,023 million AUD last year, for a market value of 46,062 millions (Market Cap 23,777 millions). Dividend per share of Fortescue Metals Gro is 3.58 AUD, and his stock market price 14.96 AUD.

According to the chart below, where dividend yield is displayed, Fortescue Metals Gro has a dividend yield of 23.93%, 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 dividend yield with other Industrial Metals and Mining companies or firms from Australia.

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 3.58 per share, an amount that accounts for 23.93%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fortescue Metals Gro payout on ernings is currently 79.03%, which is higher than the market average, and companies of Basic Materials industry, which are 39.27% and 51.13% 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 5.34 per share, which is higher than the dividend per share paid by the company of AUD 3.58, 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

Year Yield  AUD  Paypout  Shares* 
Present23.93%3.5879.03%3,079
20207.51%1.7676.52%3,079
20194.02%0.4329.86%3,079
20185.49%0.2360.53%3,114
20179.22%0.4550.56%3,114
20162.56%0.1532.61%3,089
20152.55%0.0527.78%3,089

*In millions

Fortescue Metals Gro Stock performance

Finally, last moth Fortescue Metals Gro showed a return of -28.80% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a -8.20% versus a worldwide performance of a 31.58%. 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