Fortive's latest quarterly cash dividend of $0.08 per share was issued to shareholders on record before Nov 22, 2023. The dividend distribution stands at $0.29 per share annually, which comes to a dividend yield of 0.42%. The latest FTV dividend of $0.08 is an increase from the previous $0.07 payout, representing a growth of 14%.
FTV has a dividend yield of 0.42% which is below the Technology sector and the industry average. In comparison with its Technology sector average of 1.62%, Fortive's dividend yield is 74% lower. The historical 5-year average of FTV's dividend yield is 0.4%, which is similar to the current yield.
Fortive has been paying dividends for the last seven years. Our records show that FTV has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 3.6% since twelve months ago. And with the price of the stock up by 1.6% from a year ago, the dividend yield has an increase of 0.8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 22, 2023 | Dec 29, 2023 | Nov 2, 2023 | $0.08 | normal |
| Aug 31, 2023 | Sep 29, 2023 | Aug 17, 2023 | $0.07 | normal |
| May 25, 2023 | Jun 30, 2023 | Apr 6, 2023 | $0.07 | normal |
| Feb 23, 2023 | Mar 31, 2023 | Jan 24, 2023 | $0.07 | normal |
| Nov 29, 2022 | Dec 30, 2022 | Nov 3, 2022 | $0.07 | normal |
| Aug 30, 2022 | Sep 30, 2022 | Aug 18, 2022 | $0.07 | normal |
| May 26, 2022 | Jun 24, 2022 | Apr 7, 2022 | $0.07 | normal |
| Feb 24, 2022 | Mar 25, 2022 | Jan 25, 2022 | $0.07 | normal |
| Nov 24, 2021 | Dec 30, 2021 | Nov 4, 2021 | $0.07 | normal |
| Sep 9, 2021 | Sep 24, 2021 | Aug 26, 2021 | $0.07 | normal |
| May 27, 2021 | Jun 25, 2021 | Apr 8, 2021 | $0.07 | normal |
| Feb 25, 2021 | Mar 26, 2021 | Jan 26, 2021 | $0.07 | normal |
| Nov 25, 2020 | Dec 28, 2020 | Nov 5, 2020 | $0.07 | normal |
| Aug 27, 2020 | Sep 25, 2020 | Aug 5, 2020 | $0.07 | normal |
| May 28, 2020 | Jun 26, 2020 | Apr 9, 2020 | $0.07 | normal |
| Feb 27, 2020 | Mar 27, 2020 | Jan 28, 2020 | $0.07 | normal |
| Nov 27, 2019 | Dec 27, 2019 | Nov 7, 2019 | $0.07 | normal |
| Aug 29, 2019 | Sep 27, 2019 | Aug 15, 2019 | $0.07 | normal |
| May 30, 2019 | Jun 28, 2019 | Apr 11, 2019 | $0.07 | normal |
| Feb 21, 2019 | Mar 29, 2019 | Jan 29, 2019 | $0.07 | normal |
| Nov 29, 2018 | Dec 28, 2018 | Nov 8, 2018 | $0.07 | normal |
| Aug 30, 2018 | Sep 28, 2018 | Aug 2, 2018 | $0.07 | normal |
| May 24, 2018 | Jun 29, 2018 | Apr 12, 2018 | $0.07 | normal |
| Feb 22, 2018 | Mar 29, 2018 | Jan 23, 2018 | $0.07 | normal |
| Nov 22, 2017 | Dec 29, 2017 | Nov 2, 2017 | $0.07 | normal |
| Aug 23, 2017 | Sep 29, 2017 | Aug 3, 2017 | $0.07 | normal |
| May 24, 2017 | Jun 30, 2017 | Apr 13, 2017 | $0.07 | normal |
| Feb 22, 2017 | Mar 31, 2017 | Jan 24, 2017 | $0.07 | normal |
| Nov 22, 2016 | Dec 30, 2016 | Nov 3, 2016 | $0.07 | normal |
| Aug 24, 2016 | Sep 30, 2016 | Aug 4, 2016 | $0.07 | normal |
FTV has a payout ratio of 12.4% which is lower than the Technology sector and the industry average. If we compare it with the Technology sector average of 33.6%, Fortive's payout ratio is 63% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MKSI Mks Instruments Inc | 1.08% | $0.88 | N/A |
| FTV Fortive Corp | 0.42% | $0.29 | 12.4% |
Yes, Fortive has been paying dividends for the last seven years.
FTV 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.
Fortive's last regular dividend was on Nov 22, 2023 (ex-date) with the amount of $0.08 per share.
FTV's annualized dividend per share is $0.29.
Fortive's current dividend yield is 0.42%.
Fortive has a quarterly dividend frequency.
The dividend payout ratio of Fortive is 12.4%.
Fortive's dividend yield is lower than the Technology sector average.