Today, September 28, 2023, marks an important moment for investors of Franco-Nevada FNV. The company will distribute a dividend payout of $0.34 per share, demonstrating an annualized dividend yield of 0.98%. Remember, only shareholders prior to the ex-dividend date on September 13, 2023 are eligible for this payout.
Franco-Nevada Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-13 | 4 | $0.34 | 0.98% | 2023-08-08 | 2023-09-14 | 2023-09-28 |
| 2023-06-14 | 4 | $0.34 | 0.88% | 2023-05-02 | 2023-06-15 | 2023-06-29 |
| 2023-03-15 | 4 | $0.34 | 0.93% | 2023-01-17 | 2023-03-16 | 2023-03-30 |
| 2022-12-07 | 4 | $0.32 | 1.01% | 2022-11-07 | 2022-12-08 | 2022-12-22 |
| 2022-09-14 | 4 | $0.32 | 0.97% | 2022-08-10 | 2022-09-15 | 2022-09-29 |
| 2022-06-15 | 4 | $0.32 | 0.84% | 2022-05-04 | 2022-06-16 | 2022-06-30 |
| 2022-03-16 | 4 | $0.32 | 0.99% | 2022-01-27 | 2022-03-17 | 2022-03-31 |
| 2021-12-08 | 4 | $0.3 | 0.84% | 2021-11-01 | 2021-12-09 | 2021-12-23 |
| 2021-09-15 | 4 | $0.3 | 0.78% | 2021-08-11 | 2021-09-16 | 2021-09-30 |
| 2021-06-09 | 4 | $0.3 | 0.84% | 2021-05-05 | 2021-06-10 | 2021-06-24 |
| 2021-03-10 | 4 | $0.26 | 0.84% | 2021-02-10 | 2021-03-11 | 2021-03-25 |
| 2020-12-02 | 4 | $0.26 | 0.74% | 2020-11-04 | 2020-12-03 | 2020-12-17 |
Analyzing Franco-Nevada Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.99 to $1.28, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Franco-Nevada
The earnings chart illustrates an increase in Franco-Nevada's earnings per share, from $1.47 in 2019 to $3.64 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article provides an in-depth analysis of Franco-Nevada's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.34 per share, resulting in an annualized dividend yield of 0.98%.
The upward trend in dividend per share and earnings per share for Franco-Nevada from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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