Franco-Nevada (FNV) Dividend
Franco-Nevada Corporation · Basic Materials · Gold · quarterly payer
As of Nov 5, 2026, Franco-Nevada (FNV) pays a quarterly dividend of $0.44 per share, or $1.76 a year, a 0.73% yield at its $248.54 share price. It pays every quarter, usually in March, June and September. It has raised its dividend 14 years in a row and has a dividend safety grade of A.
Forward Yield
0.73%
Annual Dividend
$1.76
Payout Ratio
21%
5-Yr Growth
8.1%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Key facts about FNV's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Franco-Nevada Corporation (FNV) has a forward dividend yield of 0.73%, based on an annual dividend of $1.76 per share and a share price of $248.54.
- As of Nov 5, 2026, FNV's dividend safety grade from SmarterDividends is A (81 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Franco-Nevada Corporation (FNV) has raised its dividend for 14 consecutive years as of Nov 5, 2026.
- FNV has never cut its regular dividend in the payment history SmarterDividends has on record.
- FNV's most recent ex-dividend date was Sep 10, 2026, for a dividend of $0.44 per share.
- As of Nov 5, 2026, FNV pays out 21% of its trailing 12-month earnings as dividends (its payout ratio).
- FNV's dividend has grown at an average rate of 8.1% a year over the past five years.
- As of Nov 5, 2026, FNV's 0.73% yield is 17% below its five-year average yield of 0.88%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for FNV is $126.84 per share, 49% below the $248.54 share price, so FNV screens as overvalued.
- Franco-Nevada Corporation (FNV) pays its dividend quarterly, 4 times a year.
- Franco-Nevada Corporation (FNV) has raised its regular dividend 15 times and cut it 0 times across the 79 payments on record since 2011. Its most recent change was a 15.8% increase to $0.440 per share, going ex-dividend on Mar 12, 2026.
- Franco-Nevada (FNV) has declared its first higher dividend of the year in January in 4 of the last 5 years; its most recent raise, 15.8%, was declared on Jan 12, 2026.
Cite this page
SmarterDividends, "FNV Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/FNV
Is FNV a good dividend stock?
YesFranco-Nevada Corporation (FNV) pays a quarterly dividend yielding 0.73% ($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 (21%)
- Strong 8.1% 5-yr dividend growth
- 64% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.73%
- Payout Ratio
- 21%
- Annual Dividend
- $1.76
- 5-Yr Avg Growth
- 8.1%
- Ex-Dividend Date
- Sep 10, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.93
- Market Cap
- $47.9B
- P/E Ratio
- 32.5
- 5-Yr Total Return
- 64%
- 52-Week Range
- $181.95 – $285.67
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
FNV dividend raises and cuts
Franco-Nevada Corporation (FNV) has raised its regular dividend 15 times and cut it 0 times across the 79 payments on record since 2011. Its most recent change was a 15.8% increase to $0.440 per share, going ex-dividend on Mar 12, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 12, 2026 | Raise | $0.380 → $0.440 | +15.8% |
| Mar 13, 2025 | Raise | $0.360 → $0.380 | +5.6% |
| Mar 13, 2024 | Raise | $0.340 → $0.360 | +5.9% |
| Mar 15, 2023 | Raise | $0.320 → $0.340 | +6.3% |
| Mar 16, 2022 | Raise | $0.300 → $0.320 | +6.7% |
| Jun 9, 2021 | Raise | $0.260 → $0.300 | +15.4% |
| Jun 10, 2020 | Raise | $0.250 → $0.260 | +4.0% |
| Jun 12, 2019 | Raise | $0.240 → $0.250 | +4.2% |
| Jun 13, 2018 | Raise | $0.230 → $0.240 | +4.3% |
| Jun 13, 2017 | Raise | $0.220 → $0.230 | +4.5% |
| Jun 14, 2016 | Raise | $0.210 → $0.220 | +4.8% |
| Jun 9, 2015 | Raise | $0.200 → $0.210 | +5.0% |
Show all 15 changes since 2012
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 10, 2014 | Raise | $0.0600 → $0.200 | +233.3% |
| Jan 15, 2013 | Raise | $0.0500 → $0.0600 | +20.0% |
| Jul 10, 2012 | Raise | $0.0400 → $0.0500 | +25.0% |
Frequently Asked Questions
Is FNV a good dividend stock?
Yes. Franco-Nevada Corporation (FNV) pays a quarterly dividend yielding 0.73% ($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.
Is FNV undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FNV's fair value is about $126.84 versus a $248.54 share price — so it looks overvalued (-49% vs. fair value).
Is FNV's dividend safe?
FNV has a dividend-safety grade of A (81/100), based on its payout coverage, free-cash-flow, 14-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is FNV's fair value?
Our blended fair-value estimate for FNV is about $126.84 per share, about 49% below the current $248.54 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is FNV a buy, hold, or sell?
We don't issue formal ratings, but on the data FNV screens as "yes" and overvalued. Franco-Nevada Corporation (FNV) pays a quarterly dividend yielding 0.73% ($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. This is research for your own analysis, not investment advice.
Will FNV cut its dividend?
FNV earns a dividend-safety grade of A (81/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does FNV pay a dividend?
Yes. Franco-Nevada Corporation pays a quarterly dividend of about $1.76 per share annually, a forward yield of roughly 0.73%.
How much dividend does 100 shares of FNV pay?
At $1.76 per share a year, 100 shares of FNV pay $176.00 a year in dividends before tax, about $44.00 each quarter. Buying them costs about $24,854 at the Nov 5, 2026 price.
What is FNV's dividend yield?
As of Nov 5, 2026, FNV's forward dividend yield is 0.73%, based on a $1.76 annual dividend and a $248.54 share price.
What is FNV's dividend per share?
As of Nov 5, 2026, FNV pays $1.76 per share per year, distributed on a quarterly basis.
What is FNV's dividend payout ratio?
As of Nov 5, 2026, FNV's payout ratio is 21% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has FNV grown its dividend?
As of Nov 5, 2026, FNV has increased its dividend for 14 consecutive years.
When is the next FNV ex-dividend date?
As of Nov 5, 2026, FNV's next ex-dividend date hasn't been announced. The most recent was Sep 10, 2026, for $0.44 per share.
FNV Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+101%
5 Years
+64%
52-Week Range
$181.95 – $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 $126.84 per share, versus a market price of $248.54. That implies 49% of downside.
Fair Value
$126.84
Current Price
$248.54
Downside
-49%
Margin of Safety
-96%
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 30.9% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $7.65 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
Full FNV dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 10, 2026 | Sep 24, 2026 | $0.4400 | regular |
| Jun 11, 2026 | Jun 25, 2026 | $0.4400 | regular |
| Mar 12, 2026 | Mar 26, 2026 | $0.4400 | regular |
| Jun 12, 2025 | Jun 26, 2025 | $0.3800 | regular |
| Mar 13, 2025 | Mar 27, 2025 | $0.3800 | regular |
| Dec 5, 2024 | Dec 19, 2024 | $0.3600 | regular |
| Sep 12, 2024 | Sep 26, 2024 | $0.3600 | regular |
| Jun 13, 2024 | Jun 27, 2024 | $0.3600 | regular |
| Mar 13, 2024 | Mar 28, 2024 | $0.3600 | regular |
| Dec 6, 2023 | Dec 21, 2023 | $0.3400 | regular |
| Sep 13, 2023 | Sep 28, 2023 | $0.3400 | regular |
| Jun 14, 2023 | Jun 29, 2023 | $0.3400 | regular |
| Mar 15, 2023 | Mar 30, 2023 | $0.3400 | regular |
| Dec 7, 2022 | Dec 22, 2022 | $0.3200 | regular |
Income Calculator
At $1.76 / yr per share
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