Franco-Nevada (FRA:3FO) Dividend Payout Ratio: 0.19 (As of Mar. 2026) — 63% Below Median


FRA:3FO Franco-Nevada Corp FRA:3FO
91 GF Score
Price €187.25
GF Value €238.38
Valuation Modestly Undervalued
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What is Franco-Nevada Dividend Payout Ratio?

Franco-Nevada FRA:3FO -1.83% 91 Dividend Payout Ratio is 0.19 as of Mar. 2026, which is 63% below its 10-year median of 0.52. GuruFocus rates FRA:3FO with a GF Score™ of 91/100 and a GF Value™ of €238.38 (Modestly Undervalued). Among 301 Metals & Mining companies, Franco-Nevada ranks better than 58.47% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Franco-Nevada's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.19.

The historical rank and industry rank for Franco-Nevada's Dividend Payout Ratio or its related term are showing as below:

FRA:3FO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.52   Max: 1.17
Current: 0.23

During the past 13 years, the highest Dividend Payout Ratio of Franco-Nevada was 1.17. The lowest was 0.23. And the median was 0.52.

FRA:3FO's Dividend Payout Ratio is ranked better than
58.47% of 301 companies
in the Metals & Mining industry
Industry Median: 0.27 vs FRA:3FO: 0.23

As of today (2026-06-30), the Dividend Yield % of Franco-Nevada is 0.76%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Franco-Nevada was 1.53%. The lowest was 0.47%. And the median was 0.98%.

Franco-Nevada's Dividends per Share for the months ended in Mar. 2026 was €0.38.

During the past 12 months, Franco-Nevada's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Franco-Nevada was 34.50% per year. The lowest was -5.30% per year. And the median was 11.90% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Franco-Nevada (FRA:3FO) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Franco-Nevada Dividend Payout Ratio Related Terms

Franco-Nevada Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Franco-Nevada's Dividend Payout Ratio 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.

Franco-Nevada Dividend Payout Ratio Chart

Franco-Nevada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.35 1.17 0.49 0.28

Franco-Nevada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial 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 0.37 0.35 0.27 0.20 0.19

FRA:3FO vs NEM, AU, RGLD: Dividend Payout Ratio Comparison

For the Gold subindustry, Franco-Nevada's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Franco-Nevada Dividend Payout Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Franco-Nevada's Dividend Payout Ratio falls into.


FRA:3FO
91GF Score
Franco-Nevada Corp FRA:3FO
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franco-Nevada Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Franco-Nevada's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.298/ 4.605
=0.28

Franco-Nevada's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.381/ 2.047
=0.19

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.19 mean?
Franco-Nevada (FRA:3FO) has a Dividend Payout Ratio of 0.19 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Franco-Nevada and its competitors. This is 63% below median its historical median of 0.52. Over the past decade, Franco-Nevada's Dividend Payout Ratio has ranged from 0.23 to 1.17. According to the industry distribution chart, Franco-Nevada ranks #125 out of 301 companies in the Metals & Mining industry, placing it in the top 41.5%.
Is Franco-Nevada's Dividend Payout Ratio too high?
Franco-Nevada's current Dividend Payout Ratio of 0.19 is 63% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.17. The Metals & Mining industry median Dividend Payout Ratio is 0.27. Franco-Nevada's value of 0.19 is 29.6% below this industry median. Based on the distribution chart, Franco-Nevada ranks #125 out of 301 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Franco-Nevada has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Franco-Nevada's Dividend Payout Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Franco-Nevada ranks #125 out of 301 companies for Dividend Payout Ratio. This puts Franco-Nevada in the upper half of its industry. The industry median Dividend Payout Ratio is 0.27. Franco-Nevada's value of 0.19 is 29.6% below this benchmark. Historically, Franco-Nevada's own Dividend Payout Ratio has ranged from 0.23 to 1.17 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.27, Franco-Nevada has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Metals & Mining company?
The median Dividend Payout Ratio among Metals & Mining companies is 0.27, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Franco-Nevada's current Dividend Payout Ratio of 0.19 is 29.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Franco-Nevada and its competitors. For the Metals & Mining industry, the median Dividend Payout Ratio is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franco-Nevada's current Dividend Payout Ratio is 0.19, which is 63% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franco-Nevada stock overvalued right now?
Based on GuruFocus' analysis, Franco-Nevada (FRA:3FO) is currently considered Modestly Undervalued. The stock's GF Value™ is €238.38, compared to a current price of €187.25 — trading 21.4% below its estimated fair value. The current Dividend Payout Ratio is 0.19, which is 63% below median its 10-year median of 0.52 and 29.6% below the Metals & Mining industry median of 0.27. Franco-Nevada's overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Franco-Nevada (FRA:3FO), the current Dividend Payout Ratio is 0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Franco-Nevada (FRA:3FO) Overvalued in 2026?

Based on GuruFocus' analysis, Franco-Nevada stock appears to be undervalued. The current stock price of €187.25 is trading 21.4% below its estimated GF Value™ of €238.38. GuruFocus considers Franco-Nevada to be Modestly Undervalued.

Key valuation signals for FRA:3FO:

  • Dividend Payout Ratio: 0.19 (63% below median its 10-year median of 0.52)
  • GF Value™: €238.38 vs. price of €187.25 (21.4% below fair value)
  • GF Score™: 91/100
  • Industry Position: 29.6% below the Metals & Mining median (#125 of 301)

No single metric tells the full story. See the FRA:3FO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Franco-Nevada Business Description

Address 199 Bay Street, Suite 2000, Commerce Court West, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. The company's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project.
91GF Score

Get the complete analysis for FRA:3FO

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€187.25
Price
€238.38
GF Value