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Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, the Baltic Rim area, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and thermal resources; and provides power portfolio optimization, trading, and industrial intelligence, as well as nuclear services. Its City Solutions develops solutions in the areas of heating, cooling, waste-to-energy, biomass, and other circular economy solutions, as well as solar power production. The company's Consumer Solutions segment engages in electricity and gas retail businesses, including the provision of invoicing and customer services; and electricity and related value-added products, as well as digital services. This segment serves approximately 2.4 million customers. Its Russia segment generates and sells power and heat. The company's Uniper segment engages in the power generation business, as well as energy trading and optimization activities. Fortum Oyj was founded in 1998 and is headquartered in Espoo, Finland.

Fortum Dividend Announcement

Fortum announced a semi annually dividend of $0.14 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-02
Fortum annual dividend for 2024 was $0.26
Fortum annual dividend for 2023 was $0.21
Fortum's trailing twelve-month (TTM) dividend yield is 12.28%
Fortum's payout ratio for the trailing twelve months (TTM) is 71.85%

Fortum Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-02$0.14semi annually2024-10-24
2024-03-26$0.13semi annually
2023-09-29$0.10semi annually2023-10-25
2023-04-14$0.11semi annually2023-05-09
2022-03-29$0.25semi annually2022-04-21
2021-04-29$0.32semi annually2021-05-24
2020-04-24$0.26semi annually2020-05-20
2020-03-18$0.26semi annually
2018-04-02$0.33semi annually2018-04-25
2017-04-04$0.25semi annually2017-04-28
2016-05-04$0.28semi annually
2015-03-31$0.32semi annually
2014-04-09$0.41semi annually
2013-04-10$0.35semi annually
2012-04-12$0.35semi annually

Fortum Dividend per year

Fortum Dividend growth

Fortum Dividend Yield

Fortum current trailing twelve-month (TTM) dividend yield is 12.28%. Interested in purchasing Fortum stock? Use our calculator to estimate your expected dividend yield:

Fortum Financial Ratios

P/E ratio1.81
PEG ratio-0.16
P/B ratio0.27
ROE15.28%
Payout ratio71.85%
Current ratio2.71
Quick ratio2.54
Cash Ratio1.69

Fortum Dividend FAQ

How much is the next Fortum dividend?
Fortum's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Fortum dividend. The next Fortum dividend will be released in April, or September.
When is Fortum dividend paid?
Fortum pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Fortum pay?
The specific amount of Fortum dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fortum's dividend history.
Does Fortum stock pay dividends?
Yes, Fortum does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fortum's dividend history.
How much dividend does Fortum pay?
Fortum paid $0.265 in 2024, $0.208 in 2023, $0.248 in 2022, $0.321 in 2021, and $0.521 in 2020.
How often does Fortum pay dividends?
Fortum typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and September.
What is Fortum's dividend yield?
The current dividend yield for Fortum is 12.28%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Fortum's exact dividend yield.
When does Fortum go ex dividend?
Fortum's ex-dividend date for the latest dividend was on 2024-10-02. Fortum typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Fortum dividend paid?
Fortum pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Fortum increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Fortum will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Fortum dividend per share?
Fortum paid $0.265 per share in 2024 and $0.208 per share in 2023. The amount of dividend per share that Fortum pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Fortum a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Fortum a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Fortum a dividend stock?
Yes, Fortum is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Fortum a good dividend stock?
Whether Fortum is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Fortum has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Fortum as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Fortum pay dividends monthly?
Fortum typically pays dividends on a semi annually basis.
Does Fortum pay dividends quarterly?
Fortum currently pays dividends on a semi annually basis.
Has Fortum ever paid a dividend?
Yes, Fortum has a history of paying dividends to its shareholders. Fortum is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Fortum dividend stocks?
To buy Fortum you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Fortum stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Fortum pay dividends 2024?
Fortum pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Fortum increase its dividend in 2024?
Decisions regarding Fortum dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Fortum dividend overview you can look into the above table of dividend history.
How Fortum dividend works?
The Fortum dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Fortum's dividend process works:

1. Determination of Dividend: Fortum's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Fortum publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Fortum distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Fortum are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Fortum dividends paid?
Fortum dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Fortum sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Fortum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Fortum declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Fortum pay dividends?
Fortum typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Fortum pay dividends?
The general pattern is that Fortum pays dividends around April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Fortum dividend safe?
The safety of Fortum's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Fortum's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Fortum's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.