Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Other. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; and San Julián silver-gold mine situated on the border of Chihuahua/Durango states. The company has mining concessions covering an area of approximately 1.7 million hectares of surface land in Mexico. It also leases mining equipment; produces gold/silver doré bars; and provides administrative services. The company was founded in 1887 and is headquartered in Mexico City, Mexico. Fresnillo plc is a subsidiary of Industrias Peñoles S.A.B. de C.V.
Fresnillo Dividend Announcement
• Fresnillo announced a semi annually dividend of $0.06 per ordinary share which will be made payable on 2024-09-17. Ex dividend date: 2024-08-08
• Fresnillo annual dividend for 2024 was $0.11
• Fresnillo annual dividend for 2023 was $0.15
• Fresnillo's trailing twelve-month (TTM) dividend yield is 1.24%
• Fresnillo's payout ratio for the trailing twelve months (TTM) is 13.43%
• Fresnillo's dividend growth over the last five years (2018-2023) was -13.13% year
Fresnillo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-08 | $0.06 | semi annually | 2024-09-17 |
2024-04-18 | $0.04 | semi annually | 2024-05-29 |
2023-08-10 | $0.01 | semi annually | 2023-09-14 |
2023-04-27 | $0.13 | semi annually | 2023-05-26 |
2022-08-11 | $0.03 | semi annually | 2022-09-14 |
2022-04-28 | $0.24 | semi annually | 2022-05-27 |
2021-08-12 | $0.10 | semi annually | 2021-09-15 |
2021-04-22 | $0.23 | semi annually | 2021-06-30 |
2020-08-06 | $0.02 | semi annually | 2020-06-02 |
2019-08-08 | $0.03 | semi annually | 2019-09-06 |
2019-04-25 | $0.17 | semi annually | 2019-05-24 |
2018-04-26 | $0.30 | semi annually | 2018-06-04 |
2017-08-10 | $0.11 | semi annually | 2017-09-08 |
2017-04-27 | $0.21 | semi annually | 2017-05-26 |
2016-08-11 | $0.09 | semi annually | |
2016-04-21 | $0.03 | semi annually | |
2015-08-13 | $0.02 | semi annually | |
2015-04-30 | $0.03 | semi annually | |
2014-08-13 | $0.05 | semi annually | |
2014-04-30 | $0.07 | semi annually |
Fresnillo Dividend per year
Fresnillo Dividend growth
Fresnillo Dividend Yield
Fresnillo current trailing twelve-month (TTM) dividend yield is 1.24%. Interested in purchasing Fresnillo stock? Use our calculator to estimate your expected dividend yield:
Fresnillo Financial Ratios
Fresnillo Dividend FAQ
Other factors to consider when evaluating Fresnillo 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.
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1. Determination of Dividend: Fresnillo'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, Fresnillo 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, Fresnillo 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 Fresnillo 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.
1. Record Date: Fresnillo 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, Fresnillo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fresnillo 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.
To assess the safety of Fresnillo'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 Fresnillo'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.