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Fortum Oyj (FOJCF)
| Previous close | 13.12 |
| Open | 13.12 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 13.12 - 13.12 |
| 52-week range | 10.75 - 16.00 |
| Volume | |
| Avg. volume | 648 |
| Market cap | 11.772B |
| Beta (5Y monthly) | 0.73 |
| PE ratio (TTM) | 7.33 |
| EPS (TTM) | 1.79 |
| Earnings date | N/A |
| Forward dividend & yield | 1.23 (9.35%) |
| Ex-dividend date | 01 Oct 2024 |
| 1y target est | N/A |
GuruFocus.comFortum Oyj's Dividend Analysis
Fortum Oyj (FOJCY) recently announced a dividend of $0.13 per share, payable on a date yet to be announced, with the ex-dividend date set for 2024-03-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Fortum Oyj's dividend performance and assess its sustainability.
ReutersFortum seeks compensation from Russia over seized assets
HELSINKI (Reuters) -Finnish energy company Fortum is seeking billions of euros in compensation from Russia for Moscow's seizure last year of the group's assets in the country, the company said on Tuesday. Russia in 2023 took over seven thermal power units and a joint-venture portfolio of wind and solar plants under a decree by President Vladimir Putin after the utility had tried to sell the assets since the invasion of Ukraine in 2022. "Fortum will seek compensation for the value of its shares in PAO Fortum and its investments in Russia, amounting to several billions of euros," the company said in a statement.
- Reuters
Fortum weighs cutting up to 130 jobs
COPENHAGEN (Reuters) -Finnish utility Fortum said on Friday it had started negotiations with labour unions that could see up to 130 jobs cut in the company's consumer solutions business unit and its IT unit, part of an effort to cut costs. The talks concern in total about 1,080 employees in Finland, Sweden, Norway and its IT unit in Poland, Fortum said in a statement. The company in November said it was lowering its capital expenditure and annual fixed costs until 2025, cutting annual fixed costs by 100 million euros ($108.26 million) gradually until the end of 2025.
