Fortum Dividend yield

 Price  13.82
 Dividend  1.14
 Earnings  1.02
 Cash-flow  5.53
 Book value  13.82
 Equity  14.17

Fortum is part of Electricity business, which is part of Utilities industry. Fortum is a company from Finland, and his stocks are publicly traded.

Fortum stock dividend

Fortum paid a total dividend of 1,012 million EUR last year, for a market value of 12,272 millions (Market Cap 5,954 millions). Fortum dividend per share is 1.14 EUR, and his stock market price 13.82 EUR.

According to the chart below, where dividend yield is displayed, Fortum has a dividend yield of 8.25%, which is higher than the amount offered by both the market average and companies from Finland. It is also bigger than average of Utilities 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 Fortum stocks dividend with other Electricity companies or other of the best Finland dividend stocks list.

Dividend yield of Fortum

Fortum Dividend Payout

About the ability of Fortum to maintain his current dividend of EUR 1.14 per share, an amount that accounts for 8.25%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fortum payout on ernings is currently 111.76%, which is higher than the market average, and companies of Utilities industry, which are 41.20% and 51.97% respectively. Both figures show that Fortum 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 Fortum is EUR 5.53 per share, which is higher than the dividend per share paid by the company of EUR 1.14, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Fortum, compared againt world market average, Finland companies, Utilities industry and Electricity sector companies.

Fortum payout

Fortum Dividend History

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

Year Yield  EUR  Paypout  Shares* 

*In millions

Then you can see the evolution of Fortum dividend stock, and compare it with the average of Finland stocks and that of the Electricity stocks.

Fortum stock dividend history

Fortum Stock performance

Finally, last moth Fortum showed a return of -11.10% compared to a worldwide 5.46% average, and a 0.58% of Utilities firms. Over the last year, the company obtained a -42.60% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for Finland and Electricity firms.

Fortum stock and market return