Franco-Nevada (FNV) Raises Quarterly Dividend 6.7% to $0.32; 1% Yield

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Go back to Franco-Nevada (FNV) Raises Quarterly Dividend 6.7% to $0.32; 1% Yield

Franco-Nevada Declares Dividend Increase and Provides Details for Upcoming Release of 2021 Results

January 27, 2022 5:15 PM EST

TORONTO, Jan. 27, 2022 /PRNewswire/ - Franco-Nevada Corporation is pleased to announce that its Board of Directors has raised its quarterly dividend and declared a quarterly dividend of US$0.32 per share payable on March 31, 2022 to shareholders of record on March 17, 2022 (the "Record Date"). This is a 6.7% increase from the previous US$0.30 per share quarterly dividend and marks the 15th consecutive annual increase for Franco-Nevada shareholders. Canadian investors in Franco-Nevada's IPO in December 2007 are now receiving an effective 10.7% yield on their cost base. The Board of Directors has determined to move its annual dividend reviews earlier in the year... More