As of today (2024-12-12), the Trailing Annual Dividend Yield of Fortum Oyj is 8.16%.
The historical rank and industry rank for Fortum Oyj's Dividend Yield % or its related term are showing as below:
LTS:0HAH'
s Dividend Yield % Range Over the Past 10 Years
Min: 3.61 Med: 6.72 Max: 14.7
Current: 8.16
During the past 13 years, the highest Dividend Yield of Fortum Oyj was 14.70%. The lowest was 3.61%. And the median was 6.72%.
LTS:0HAH's Dividend Yield % is ranked better than 82.87% of 251
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.74
vs LTS:0HAH: 8.16
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fortum Oyj is 0.91, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Fortum Oyj was 1.86. The lowest was 0.26. And the median was 0.74.
During the past 12 months, Fortum Oyj's average Dividends Per Share Growth Rate was 26.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -6.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -2.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -0.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fortum Oyj was 53.40% per year. The lowest was -6.10% per year. And the median was 11.10% 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.
Fortum Oyj Dividend Yield % Historical Data
The historical data trend for Fortum Oyj'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.
Competitive Comparison of Fortum Oyj's Dividend Yield %
For the Utilities - Renewable subindustry, Fortum Oyj'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.
Fortum Oyj's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's Dividend Yield % falls into.
Fortum Oyj Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Fortum Oyj Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 0.570000
2024-10-01
2024-10-02
2024-10-09
Cash Dividend
semi-annually
EUR:EUR 1.000000
EUR 0.580000
2024-03-26
2024-03-27
2024-04-05
Cash Dividend
semi-annually
EUR:EUR 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.
Fortum Oyj's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.15
/
13.82
=
8.32 %
Current Share Price is €13.82. Fortum Oyj's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.15.
Fortum Oyj's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.14
/
13.82
=
8.25 %
Current Share Price is €13.82. Fortum Oyj's Dividends per Share for the forward twelve months is calculated as €0.57 * 2 = €1.14.
* 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.
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.
Thank you for viewing the detailed overview of Fortum Oyj's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, Consumer Solutions, and Other Operations.
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