Franco-Nevada Corporation
FNVBasic Materials · Stock · quarterly payer
Forward Yield
0.88%
Annual Dividend
$1.76
Payout Ratio
22%
5-Yr Growth
8.1%
Ex-Date
Jun 11, 2026
Frequency
Quarterly
Summary
As of July 2026, Franco-Nevada Corporation (FNV) yields 0.88% ($1.76 per share annually), with a blended fair-value estimate of $118.27 — -41% downside, so it screens as overvalued. Dividend safety grade: A (92/100). 14 years of dividend growth.
Is FNV a good dividend stock?
YesFranco-Nevada Corporation (FNV) pays a quarterly dividend yielding 0.88% ($1.76/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (22%)
- Strong 8.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.88%
- Payout Ratio
- 22%
- Annual Dividend
- $1.76
- 5-Yr Avg Growth
- 8.1%
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $38.6B
- P/E Ratio
- 28.2
- 5-Yr Total Return
- 38%
- 52-Week Range
- $155.56 – $285.67
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
Frequently Asked Questions
FNV Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+39%
5 Years
+38%
52-Week Range
$155.56 – $285.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FNV worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Franco-Nevada Corporation is $118.27 per share, versus a market price of $200.77. That implies 41% of downside.
Fair Value
$118.27
Current Price
$200.77
Downside
-41%
Margin of Safety
-70%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 8.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.8% discount rate (CAPM), 8.6% stage-1 growth, 2.5% terminal growth, $7.11 EPS, $1.76 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FNV Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 11, 2026 | — | $0.4400 | regular |
| Mar 12, 2026 | — | $0.4400 | regular |
| Jun 12, 2025 | — | $0.3800 | regular |
| Mar 13, 2025 | — | $0.3800 | regular |
| Dec 5, 2024 | — | $0.3600 | regular |
| Sep 12, 2024 | — | $0.3600 | regular |
| Jun 13, 2024 | — | $0.3600 | regular |
| Mar 13, 2024 | — | $0.3600 | regular |
| Dec 6, 2023 | — | $0.3400 | regular |
| Sep 13, 2023 | — | $0.3400 | regular |
| Jun 14, 2023 | — | $0.3400 | regular |
| Mar 15, 2023 | — | $0.3400 | regular |
| Dec 7, 2022 | — | $0.3200 | regular |
| Sep 14, 2022 | — | $0.3200 | regular |
Income Calculator
At $1.76 / yr per share
