Fortress Minerals (SGX:OAJ) Dividend Payout Ratio : 0.67 (As of Aug. 2023)

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What is Fortress Minerals Dividend Payout Ratio?

Fortress Minerals's dividend payout ratio for the months ended in Aug. 2023 was 0.67.

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

SGX:OAJ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.23 Max: 0.31
Current: 0.31

During the past 9 years, the highest Dividend Payout Ratio of Fortress Minerals was 0.31. The lowest was 0.04. And the median was 0.23.

SGX:OAJ's Dividend Payout Ratio is ranked worse than
51.29% of 310 companies
in the Steel industry
Industry Median: 0.3 vs SGX:OAJ: 0.31

As of today (2024-06-25), the Dividend Yield % of Fortress Minerals is 3.08%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Fortress Minerals was 3.20%. The lowest was 0.27%. And the median was 2.05%.

Fortress Minerals's Dividends per Share for the months ended in Aug. 2023 was S$0.01.

During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Fortress Minerals was 58.70% per year. The lowest was 26.00% per year. And the median was 42.35% per year.

The growth rate is calculated with least square regression.

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

Fortress Minerals Dividend Payout Ratio Historical Data

The historical data trend for Fortress Minerals'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.

* Premium members only.

Fortress Minerals Dividend Payout Ratio Chart

Fortress Minerals Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Dividend Payout Ratio

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0.22

0.04

0.27

0.23

0.30

Fortress Minerals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	0.67	-

Competitive Comparison of Fortress Minerals's Dividend Payout Ratio

For the Steel subindustry, Fortress Minerals'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.

Fortress Minerals's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fortress Minerals's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Fortress Minerals's Dividend Payout Ratio falls into.

Fortress Minerals Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Fortress Minerals's Dividend Payout Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2024 )	/	EPS without NRI (A: Feb. 2024 )
	=	0.008	/	0.027
	=	0.30

Fortress Minerals's Dividend Payout Ratio for the quarter that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Aug. 2023 )	/	EPS without NRI (Q: Aug. 2023 )
	=	0.008	/	0.012
	=	0.67

Fortress Minerals (SGX:OAJ) Dividend Payout Ratio Explanation

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.

Fortress Minerals Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Fortress Minerals's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortress Minerals (SGX:OAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fortress Minerals Ltd (SGX:OAJ) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150

Website

https://www.fortress.sg

Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in exploration, mining, production, and sale of iron ore with low level of impurities. It mines the iron ore from its East, Valley and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from sale of iron ore.

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