Fox's latest dividend of $0.26 per share was on Aug 29, 2023 (ex-date). The annualized dividend distribution of $0.51 per share represents a current dividend yield of 1.75%. The latest FOXA payment of $0.26 marks a dividend growth of 4%.
Fox's dividend yield of 1.75% is above its peers average but below the Communication Services sector and the industry average. Compared to its Communication Services sector average of 3.35%, Fox's dividend yield is 48% lower. The historical 5-year average of FOXA's dividend yield is 1.4%, which is below the current yield.
Fox has a history of paying dividends since 2019. Our records of FOXA show that the company has distributed two dividends in the past year. The annualized dividend per share has an increase of 4.1% since twelve months ago. And with the price of the stock down by 6% from a year ago, the dividend yield has an increase of 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 29, 2023 | Sep 27, 2023 | Aug 8, 2023 | $0.26 | normal |
| Feb 28, 2023 | Mar 29, 2023 | Feb 8, 2023 | $0.25 | normal |
| Aug 30, 2022 | Sep 28, 2022 | Aug 10, 2022 | $0.25 | normal |
| Mar 1, 2022 | Mar 30, 2022 | Feb 9, 2022 | $0.24 | normal |
| Aug 31, 2021 | Sep 29, 2021 | Aug 4, 2021 | $0.24 | normal |
| Mar 9, 2021 | Apr 7, 2021 | Feb 9, 2021 | $0.23 | normal |
| Sep 1, 2020 | Oct 7, 2020 | Aug 4, 2020 | $0.23 | normal |
| Mar 3, 2020 | Apr 1, 2020 | Feb 3, 2020 | $0.23 | normal |
| Sep 3, 2019 | Oct 2, 2019 | Aug 6, 2019 | $0.23 | normal |
| May 17, 2019 | Jun 3, 2019 | May 9, 2019 | $0.23 | normal |
Fox's payout ratio of 25% is below the Communication Services sector, the industry and its peers average. Compared to its Communication Services sector average of 48.8%, Fox's payout ratio is 49% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VIA Via Renewables Inc | 42.65% | $3.63 | N/A |
| CMCSA Comcast Corp | 2.73% | $1.14 | 31.7% |
| FOXA Fox Corp | 1.75% | $0.51 | 25% |
| GHC Graham Holdings Co | 1.04% | $6.6 | 19.9% |
| NWSA News Corp | 0.92% | $0.2 | 80% |
| NYT New York Times Co | 0.89% | $0.42 | 35.9% |
Yes, Fox has been paying dividends for the last five years.
FOXA hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in February 2024.
Fox's last regular dividend was on Aug 29, 2023 (ex-date) with the amount of $0.26 per share.
FOXA's annualized dividend per share is $0.51.
Currently Fox's dividend yield is 1.75%.
Fox typically pays two dividends per year.
The dividend payout ratio of Fox is 25%.
Fox's dividend yield is below the Communication Services sector average.