Franco-Nevada Corporation
FNVBasic Materials · Stock · quarterly payer
Forward Yield
0.66%
Annual Dividend
$1.76
Payout Ratio
21%
5-Yr Growth
8.1%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Summary
As of September 2026, Franco-Nevada Corporation (FNV) yields 0.66% ($1.76 per share annually), with a blended fair-value estimate of $135.00 — -49% downside, so it screens as overvalued. Dividend safety grade: A (81/100). 14 years of dividend growth.
Is FNV a good dividend stock?
YesFranco-Nevada Corporation (FNV) pays a quarterly dividend yielding 0.66% ($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
- 86% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.66%
- 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
- 0.96
- Market Cap
- $51.3B
- P/E Ratio
- 34.7
- 5-Yr Total Return
- 86%
- 52-Week Range
- $181.50 – $285.67
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
Frequently Asked Questions
FNV Price — Last 12 Months
Daily close
Price Return
1 Year
+42%
3 Years
+119%
5 Years
+86%
52-Week Range
$181.50 – $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 $135.00 per share, versus a market price of $265.93. That implies 49% of downside.
Fair Value
$135.00
Current Price
$265.93
Downside
-49%
Margin of Safety
-97%
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 10.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.1% discount rate (CAPM), 10.5% stage-1 growth, 2.5% terminal growth, $7.66 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 |
|---|---|---|---|
| Sep 10, 2026 | — | $0.4400 | regular |
| 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 |
Income Calculator
At $1.76 / yr per share
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