FMC Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures
On January 18, 2024, FMC (NYSE:FMC) will distribute a dividend payout of $0.58 per share, equating to an annualized dividend yield of 3.85%. Shareholders who owned the stock before the ex-dividend date on December 28, 2023 will receive this payout.
FMC Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-28 | 4 | $0.58 | 3.85% | 2023-12-15 | 2023-12-29 | 2024-01-18 |
| 2023-09-28 | 4 | $0.58 | 2.43% | 2023-07-21 | 2023-09-29 | 2023-10-19 |
| 2023-06-29 | 4 | $0.58 | 1.94% | 2023-04-27 | 2023-06-30 | 2023-07-20 |
| 2023-03-30 | 4 | $0.58 | 1.8% | 2023-02-24 | 2023-03-31 | 2023-04-20 |
| 2022-12-29 | 4 | $0.58 | 1.82% | 2022-12-14 | 2022-12-30 | 2023-01-19 |
| 2022-09-29 | 4 | $0.53 | 2.12% | 2022-07-15 | 2022-09-30 | 2022-10-20 |
| 2022-06-29 | 4 | $0.53 | 1.6% | 2022-04-28 | 2022-06-30 | 2022-07-21 |
| 2022-03-30 | 4 | $0.53 | 1.85% | 2022-02-25 | 2022-03-31 | 2022-04-21 |
| 2021-12-30 | 4 | $0.53 | 2.01% | 2021-12-16 | 2021-12-31 | 2022-01-20 |
| 2021-09-29 | 4 | $0.48 | 1.79% | 2021-07-15 | 2021-09-30 | 2021-10-21 |
| 2021-06-29 | 4 | $0.48 | 1.63% | 2021-04-27 | 2021-06-30 | 2021-07-15 |
| 2021-03-30 | 4 | $0.48 | 1.83% | 2021-02-25 | 2021-03-31 | 2021-04-15 |
With a dividend yield that places it neither at the top nor the bottom, FMC finds itself in the middle among its industry peers, while CVR Partners (NYSE:UAN) boasts the highest annualized dividend yield at 39.35%.
Analyzing FMC 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
As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $1.80 in 2020 to $2.32 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For FMC
The earnings chart above reveals a decrease in FMC's earnings per share, declining from $6.54 in 2020 to $5.08 in 2023. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.
Recap
In this article, we explore the recent dividend payout of FMC and its significance for shareholders. The company has decided to distribute a dividend of $0.58 per share today, which equates to an annualized dividend yield of 3.85%.
With a dividend yield that places it neither at the top nor the bottom, FMC finds itself in the middle among its industry peers, while CVR Partners boasts the highest annualized dividend yield at 39.35%.
The increase in dividend per share from 2020 to 2023 combined with a decrease in earnings per share for FMC suggests a strategic decision to prioritize shareholder returns over earnings growth.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[See current stock movements FMC on Benzinga.](https://www.benzinga.com/quote/FMC (NYSE: FMC))
This article was generated by Benzinga's automated content engine and reviewed by an editor.