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Fortescue (Fortescue) 3-Year Dividend Growth Rate : 28.00% (As of Dec. 2023)


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What is Fortescue 3-Year Dividend Growth Rate?

Fortescue's Dividends per Share for the six months ended in Dec. 2023 was $1.28.

The historical rank and industry rank for Fortescue's 3-Year Dividend Growth Rate or its related term are showing as below:

FSUGY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.9   Med: 39.6   Max: 112.2
Current: 28

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fortescue was 112.20% per year. The lowest was 2.90% per year. And the median was 39.60% per year.

FSUGY's 3-Year Dividend Growth Rate is ranked better than
59.12% of 181 companies
in the Metals & Mining industry
Industry Median: 23 vs FSUGY: 28.00

During the past 12 months, Fortescue's average Dividends Per Share Growth Rate was -18.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 58.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 49.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Fortescue's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.59. As of today, Fortescue's Dividend Yield % is 8.05%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Fortescue's 3-Year Dividend Growth Rate

For the Other Industrial Metals & Mining subindustry, Fortescue's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortescue's 3-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortescue's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Fortescue's 3-Year Dividend Growth Rate falls into.



Fortescue 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Fortescue  (OTCPK:FSUGY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Fortescue's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.281/ 2.166
=0.59

During the past 13 years, the highest Dividend Payout Ratio of Fortescue was 1.14. The lowest was 0.11. And the median was 0.49.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Fortescue Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4062024-03-012024-03-042024-04-03Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 1.2812023-09-072023-09-082023-10-05Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Fortescue's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.687/33.385
=8.05 %

Current Share Price is $33.385.
Fortescue's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.687.

During the past 13 years, the highest Dividend Yield of Fortescue was 20.79%. The lowest was 0.70%. And the median was 6.25%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fortescue 3-Year Dividend Growth Rate Related Terms>


Fortescue (Fortescue) Business Description

Traded in Other Exchanges
Address
87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.