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Fortune Minerals (TSX:FT) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is Fortune Minerals Dividend Payout Ratio?

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. Fortune Minerals's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

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


TSX:FT's Dividend Payout Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 0.38
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2025-03-25), the Dividend Yield % of Fortune Minerals is 0.00%.

Fortune Minerals's Dividends per Share for the months ended in Sep. 2024 was C$0.00.

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.

Fortune Minerals Dividend Payout Ratio Historical Data

The historical data trend for Fortune 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.

Fortune Minerals Dividend Payout Ratio Chart

Fortune Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
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Fortune Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Fortune Minerals's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Fortune 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.

Fortune Minerals's Dividend Payout Ratio Distribution in the Metals & Mining Industry

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

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


Fortune Minerals 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.

Fortune Minerals's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0/ -0.01
=N/A

Fortune Minerals's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0/ -0.001
=N/A

* 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.

Fortune Minerals (TSX:FT) 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.

Fortune Minerals Dividend Payout Ratio Related Terms

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

Fortune Minerals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Minerals Ltd (TSX:FT) » Definitions » Dividend Payout Ratio
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Traded in Other Exchanges
FTMDF:USA 0UWG:UK FMP:Germany
Address
617 Wellington Street, London, ON, CAN, N6A 3R6
Website
https://www.fortuneminerals.com
Fortune Minerals Ltd is a Canadian mining and mine development company focused in the exploration and development of specialty metals, base metals, and precious metals in the Northwest Territories with a Refinery contemplated to be built in western Canada.
Executives
Patricia-lynn Penney Senior Officer
Mahendra Naik Director
Robin Ellis Goad Director, Senior Officer
Yazmarr David Ramsay Director
John Wallace Mcvey Director
Carl Lester Clouter Director