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Fenix Resources (ASX:FEX) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Fenix Resources 3-Year Dividend Growth Rate?

Fenix Resources's Dividends per Share for the six months ended in Dec. 2023 was A$0.02.

The historical rank and industry rank for Fenix Resources's 3-Year Dividend Growth Rate or its related term are showing as below:

ASX:FEX's 3-Year Dividend Growth Rate is not ranked *
in the Steel industry.
Industry Median: 18.6
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Fenix Resources's average Dividends Per Share Growth Rate was -62.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Fenix Resources's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.67. As of today, Fenix Resources's Dividend Yield % is 5.97%.

Warning Sign:

Fenix Resources Ltd stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Fenix Resources's 3-Year Dividend Growth Rate

For the Steel subindustry, Fenix Resources's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Fenix Resources's 3-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Fenix Resources's 3-Year Dividend Growth Rate falls into.



Fenix Resources 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Fenix Resources  (ASX:FEX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Fenix Resources's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.02/ 0.03
=0.67

During the past 13 years, the highest Dividend Payout Ratio of Fenix Resources was 1.10. The lowest was 0.33. And the median was 0.85.

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

Fenix Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0200002023-09-012023-09-042023-09-15Cash DividendannuallyAUD:AUD 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.

Fenix Resources's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.02/0.325
=6.15 %

Current Share Price is A$0.325.
Fenix Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.02.

During the past 13 years, the highest Dividend Yield of Fenix Resources was 25.24%. The lowest was 5.63%. And the median was 20.78%.

Warning Sign:

Fenix Resources Ltd stock dividend yield is close to 2-year low.

* 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.


Fenix Resources 3-Year Dividend Growth Rate Related Terms>


Fenix Resources (ASX:FEX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.