Fortress Minerals (SGX:OAJ) Dividend Yield %: 2.01% (As of Aug. 08, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:OAJ Fortress Minerals Ltd SGX:OAJ
56 GF Score
Price S$0.24
GF Value S$0.33
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Fortress Minerals Dividend Yield %?

Fortress Minerals SGX:OAJ -6.00% 56 Dividend Yield % is 2.01% as of Aug. 08, 2026, which is 8% below its 10-year median of 2.18. GuruFocus rates SGX:OAJ with a GF Score™ of 56/100 and a GF Value™ of S$0.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 315 Steel companies, Fortress Minerals ranks worse than 63.81% on this metric.

As of today (2026-08-08), the Trailing Annual Dividend Yield of Fortress Minerals is 2.01%.

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

SGX:OAJ' s Dividend Yield % Range Over the Past 10 Years
Min: 0.27   Med: 2.18   Max: 3.2
Current: 2.01

During the past 11 years, the highest Dividend Yield of Fortress Minerals was 3.20%. The lowest was 0.27%. And the median was 2.18%.

SGX:OAJ's Dividend Yield % is ranked worse than
63.81% of 315 companies
in the Steel industry
Industry Median: 2.84 vs SGX:OAJ: 2.01

Fortress Minerals's Dividend Payout Ratio for the three months ended in May. 2026 was 0.00.

During the past 11 years, the highest Dividend Payout Ratio of Fortress Minerals was 0.32. The lowest was 0.04. And the median was 0.23.

As of today (2026-08-08), the Forward Dividend Yield % of Fortress Minerals is 2.01%.

Fortress Minerals's Dividends per Share for the three months ended in May. 2026 was S$0.00.

During the past 12 months, Fortress Minerals's average Dividends Per Share Growth Rate was -16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.70% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Fortress Minerals was 58.70% per year. The lowest was -20.60% per year. And the median was 5.15% 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.


Fortress Minerals  (SGX:OAJ) 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.


Fortress Minerals Dividend Yield % Related Terms


Fortress Minerals Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Fortress Minerals'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.

Fortress Minerals Dividend Yield % Chart

Fortress Minerals Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.00 2.86 2.55 1.88

Fortress Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Dividend Yield % 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 2.61 2.14 2.04 1.88 1.88

SGX:OAJ vs NUE, STLD, RS: Dividend Yield % Comparison

For the Steel subindustry, Fortress Minerals'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.


Fortress Minerals Dividend Yield % vs Steel Industry

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

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


SGX:OAJ
56GF Score
Fortress Minerals Ltd SGX:OAJ
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortress Minerals Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Fortress Minerals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SGD 0.0047202026-08-062026-08-072026-08-21Cash DividendannuallySGD:SGD 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.

Fortress Minerals's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.00472/0.235
=2.01 %

Current Share Price is S$0.235.
Fortress Minerals's Dividends per Share for the trailing twelve months (TTM) ended in Today is S$0.00472.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.00472/0.235
=2.01 %

Current Share Price is S$0.235.
Fortress Minerals's Dividends per Share for the forward twelve months is calculated as S$0.00472 * 1 = S$0.00472.

* 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 Yield % →
What does a Dividend Yield % of 2.01% mean?
Fortress Minerals (SGX:OAJ) has a Dividend Yield % of 2.01% as of Aug. 08, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Fortress Minerals and its competitors. This is near median its historical median of 2.18. Over the past decade, Fortress Minerals' Dividend Yield % has ranged from 0.27 to 3.20. According to the industry distribution chart, Fortress Minerals ranks #201 out of 315 companies in the Steel industry, placing it in the top 63.8%.
Is Fortress Minerals' Dividend Yield % too high?
Fortress Minerals' current Dividend Yield % of 2.01% is near median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 3.20. The Steel industry median Dividend Yield % is 2.84. Fortress Minerals' value of 2.01% is 29.2% below this industry median. Based on the distribution chart, Fortress Minerals ranks #201 out of 315 companies in the Steel industry, which is below the industry midpoint. Overall, Fortress Minerals has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Fortress Minerals ranks #201 out of 315 companies for Dividend Yield %. This places Fortress Minerals in the lower half of its industry. The industry median Dividend Yield % is 2.84. Fortress Minerals' value of 2.01% is 29.2% below this benchmark. Historically, Fortress Minerals' own Dividend Yield % has ranged from 0.27 to 3.20 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 2.84, Fortress Minerals 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 Yield % for a Steel company?
The median Dividend Yield % among Steel companies is 2.84, based on 315 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortress Minerals's current Dividend Yield % of 2.01% is 29.2% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Fortress Minerals and its competitors. For the Steel industry, the median Dividend Yield % is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortress Minerals's current Dividend Yield % is 2.01%, which is near median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Minerals stock overvalued right now?
Based on GuruFocus' analysis, Fortress Minerals (SGX:OAJ) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.33, compared to a current price of S$0.24 — trading 28.8% below its estimated fair value. The current Dividend Yield % is 2.01%, which is near median its 10-year median of 2.18 and 29.2% below the Steel industry median of 2.84. Fortress Minerals' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Fortress Minerals (SGX:OAJ), the current Dividend Yield % is 2.01% as of Aug. 08, 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 Fortress Minerals (SGX:OAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Minerals stock appears to be undervalued. The current stock price of S$0.24 is trading 28.8% below its estimated GF Value™ of S$0.33. GuruFocus considers Fortress Minerals to be Modestly Undervalued.

Key valuation signals for SGX:OAJ:

  • Dividend Yield %: 2.01% (near median its 10-year median of 2.18)
  • GF Value™: S$0.33 vs. price of S$0.24 (28.8% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 29.2% below the Steel median (#201 of 315)

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


Fortress Minerals Business Description

Address 9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in the exploration, mining, production, and sale of iron ore with low levels 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 the sale of iron ore.
56GF Score

Get the complete analysis for SGX:OAJ

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

S$0.24
Price
S$0.33
GF Value