GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (OTCPK:FSUGY) » Definitions » Dividend Yield %

Fortescue (Fortescue) Dividend Yield %

: 8.40% (As of Today)
View and export this data going back to 2008. Start your Free Trial

As of today (2024-04-16), the Trailing Annual Dividend Yield of Fortescue is 8.40%.

The historical rank and industry rank for Fortescue's Dividend Yield % or its related term are showing as below:

FSUGY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.7   Med: 6.23   Max: 20.79
Current: 8.4

During the past 13 years, the highest Dividend Yield of Fortescue was 20.79%. The lowest was 0.70%. And the median was 6.23%.

FSUGY's Dividend Yield % is ranked better than
89.14% of 304 companies
in the Metals & Mining industry
Industry Median: 2.33 vs FSUGY: 8.40

Fortescue's Dividend Payout Ratio for the six months ended in Dec. 2023 was 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.

As of today (2024-04-16), the Forward Dividend Yield % of Fortescue is 8.40%.

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

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.

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.

The growth rate is calculated with least square regression.

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


Fortescue Dividend Yield % Historical Data

The historical data trend for Fortescue's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Fortescue Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.87 6.47 10.46 17.98 8.66

Fortescue Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.76 17.98 10.14 8.66 5.82

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Fortescue's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Metals & Mining industry and Basic Materials sector, Fortescue's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Fortescue's Dividend Yield % falls into.



Fortescue Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.687/31.95
=8.41 %

Current Share Price is $31.95.
Fortescue's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.687.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.812/31.95
=8.80 %

Current Share Price is $31.95.
Fortescue's Dividends per Share for the forward twelve months is calculated as $1.406 * 2 = $2.812.

* 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  (OTCPK:FSUGY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Fortescue Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Fortescue's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.