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Fresnillo plc

EURO STOXX 600
FRES.L|Basic Materials|Other Precious Metals & Mining|£35.72|P/E 25.9|MCap 263.2M|LSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

93/ 100Very Safe

FRES.L's dividend appears very safe. Strengths include a 25.1% earnings payout ratio & 34.6% fcf payout ratio. Areas of concern: Volatile profit margin stability. The dividend has been growing at a 42.44% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 25.1%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 34.6%Free cash flow comfortably covers the dividend.
  • Interest Coverage: 34.0xEarnings cover interest payments many times over.

Risks

  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Very Safe
Earnings Payout Ratio
25.1%Very Safe
FCF Payout Ratio
34.6%Very Safe
CFO Payout Ratio
49.4%Safe
Interest Coverage
34.0xVery Safe

Balance Sheet

Very Safe
Net Debt / Total Assets
-4.4%Very Safe
Current Ratio
4.3xVery Safe
Debt-to-Equity
16.8Very Safe

Profitability

Safe
Return on Equity
33.9%Very Safe
Operating Margin
54.6%Very Safe
Gross Margin
35.6%Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
42.4%Very Safe
Earnings Stability
GrowingVery Safe

About Fresnillo plc

Fresnillo plc is the world's largest primary silver producer and Mexico's leading gold producer, operating as a prominent precious metals mining company. Headquartered in Mexico City with roots tracing back to 1887, it focuses on mining, developing, and producing non-ferrous minerals, primarily silver, gold, lead, and zinc concentrates through seven key segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. These underground and open-pit mines are strategically located across Mexican states including Zacatecas, Durango, Sonora, and Chihuahua, enabling efficient extraction and processing into doré bars while also leasing equipment and offering administrative services. As a FTSE-listed entity and subsidiary of Industrias Peñoles, Fresnillo plc plays a pivotal role in the global precious metals market, maintaining a strong emphasis on sustainability and exploration projects in Mexico, Peru, and Chile to secure its leadership position.

Dividend Overview

Dividend Yield

2.66%

Annual Dividend

£0.95

Frequency

Semi-Annual

Payout Ratio

25.10%

FCF Payout Ratio

34.59%

Stock Price

£35.72

52-Week Range

£9.63 £44.72

Dividend History (2016–2025)

FRES.L annual dividend per share and yield history

Earnings & Profitability

FRES.L earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 23, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

44.61%

5-Year Dividend CAGR

42.44%

10-Year Dividend CAGR

42.15%

3-Year Total Growth

202.43%

5-Year Total Growth

486.43%

10-Year Total Growth

3268.47%

Income Calculator

FRES.L Dividend Calculator

Total Investment

£3,572.00

Annual Income

£95.14

Quarterly Income

£23.78

Monthly Income

£7.93

Frequently Asked Questions

What is FRES.L's current dividend yield?
Fresnillo plc (FRES.L) currently has a dividend yield of 2.66%, based on a stock price of £35.72 and an annual dividend of £0.95.
When is FRES.L's next dividend payment date?
FRES.L's next ex-dividend date is 2026-04-23 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does FRES.L pay in dividends per year?
Fresnillo plc paid £0.67 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has FRES.L been increasing its dividend?
Fresnillo plc has grown its dividend at a 5-year CAGR of 42.44% and a 10-year CAGR of 42.15%.
Is FRES.L's dividend safe?
Fresnillo plc has a payout ratio of 25.10%. A payout ratio below 60% is generally considered sustainable.
How is FRES.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Fresnillo plc's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for basic materials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.