Fortinet Dividend yield




   USD/share 
 Price  341.74
 Dividend  0.00
 Earnings  3.83
 Cash-flow  9.19
 Book value  4.79
 Equity  5.01

Fortinet is part of Software and Computer Services business, which is part of Technology industry. Fortinet is a company from USA, and his stocks are publicly traded.

Fortinet paid a total dividend of 0 million USD last year, for a market value of 55,704 millions (Market Cap 45,667 millions). Dividend per share of Fortinet is 0.00 USD, and his stock market price 341.74 USD.

According to the chart below where dividend yield is displayed, Fortinet, has a dividend yield of 0%, amount in contrast with the positive dividend offered by both the market average and companies from USA, Technology industry, and Software and Computer Services sector. This lack of dividends of Fortinet might harm the evolution of share price if the company is not clearly expanding his business.

In addition, you should compare Fortinet dividend yield with other Software and Computer Services companies or firms from USA.

Dividend yield of Fortinet

Fortinet Dividend Payout

About the ability of Fortinet to maintain his current dividend of USD 0.00 per share, an amount that accounts for 0.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fortinet payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.

The following figure shows payout ratios over earnings and cashflow of Fortinet, compared againt world market average, USA companies, Technology industry and Software and Computer Services sector companies.

Fortinet payout

Fortinet Dividend History

Year Yield  USD  Paypout  Shares* 
Present0.00%0.000.00%163
20210.00%0.000.00%163
20200.00%0.000.00%162
20190.00%0.000.00%171

*In millions

Fortinet Stock performance

Finally, last moth Fortinet showed a return of -0.80% compared to a worldwide 1.12% average, and a 0.98% of Technology firms. Over the last year, the company obtained a 85.30% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Software and Computer Services firms.

Fortinet stock and market return