Franco-Nevada Corporation(FNV) is having a Dividend Yield of 1.3% with the Annual cash Dividend per share of $0.87. The last quarter cash dividend per share pay out was $0.22. Franco-Nevada Corporation has a 5 year average dividend yield of 1.47% and the stock has a Indicated annual dividend of $0.88. Franco-Nevada Corporation(FNV) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.22. The new indicated annual dividend based on announced dividend per share is $0.88. The dividend yield based on the forward looking indicated annual dividend is 1.3%. Franco-Nevada Corporation(FNV) has the most recent dividend payout ratio of 1.05 with a 5-year average payout ratio of 0.88. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.17. The 5 year historical dividend growth of Franco-Nevada Corporation(FNV) is at the rate of 11.75% while the R-Squared dividend growth is 0.8. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Franco-Nevada Corporation (NYSE:FNV) rose 0.8% or 0.54 points on Thursday and made its way into the gainers of the day. After trading began at $68.27 the stock was seen hitting $69.01 as a peak level and $68.06 as the lowest level. The stock ended up at $68.42. The daily volume was measured at 673,466 shares. The 52-week high of the share price is $81.16 and the 52-week low is $52.06. The company has a market cap of $12,197 million. Shares of Franco-Nevada Corporation rose by 0.8% in the last five trading days and 9.35% for the last 4 weeks. Franco-Nevada Corporation is up 16.88% in the last 3-month period. Year-to-Date the stock performance stands at 14.49%.
Institutional Investors own 65.32% of Franco-Nevada Corporation shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Franco-Nevada Corporation was Upgraded by Goldman to Neutral on Feb 9, 2017. Franco-Nevada Corporation was Upgraded by Credit Suisse to Outperform on Jan 13, 2017.
Franco-Nevada Corporation Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.25. The company had revenue of $172.00 million for the quarter, compared to analysts expectations of $161.54 million. The companys revenue was up 65.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.
Franco-Nevada Corporation is a gold focused royalty and stream company with additional interests in platinum group metals and other resource assets. The Companys assets are mostly mineral and oil & gas royalties or streams but also include some working and equity interests, undeveloped properties, options to acquire royalties and other assets. The mineral assets are further characterized by commodity as being in the Gold, PGM or Other Minerals categories and these in turn are further subdivided by their project status as being either, Operating, Advanced or Exploration royalties. Majorities of the Mineral Royalties are characterized as being Gold and the majority of revenues are from gold operations. The Oil & Gas interests are located primarily in the Western Canadian sedimentary basin with a larger amount of revenue generated from conventional oil than from natural gas properties. Franco-Nevada Corporation is headquartered in Toronto, Canada.