This article first appeared on GuruFocus.
Fiskars Oyj (FKRAF) recently announced a total dividend of $0.25 per share, with the ex-dividend date set for 2026-09-10. This amount consists of a $0.25 per share cash dividend payable on 2026-09-18. For value investors, the ex-dividend date is a critical marker: shareholders must own the stock before this date to qualify for the payment. As investors look forward to this upcoming distribution, the spotlight also shines on the company's dividend history, yield, and growth rates. Using data from GuruFocus, let's look into Fiskars Oyj's dividend performance and assess its sustainability.
Warning! GuruFocus has detected 8 Warning Signs with FKRAF.
High Yield Dividend Stocks in Gurus' Portfolio
This Powerful Chart Made Peter Lynch 29% A Year For 13 Years
How to calculate the intrinsic value of a stock?
Is FKRAF fairly valued? Test your thesis with our free DCF calculator.
Fiskars Oyj is the home of design-driven brands for indoor and outdoor living. The company is organized into two business areas: Vita and Fiskars. The business area Vita offers premium and luxury products for the tableware, drinkware, jewelry, and interior categories. It comprises brands such as Iittala, Georg Jensen, Royal Copenhagen, Moomin Arabia, and Wedgwood. The business area Fiskars comprises the gardening, watering, and outdoor categories, as well as the scissors, creating, and cooking categories. The brands include Fiskars and Gerber. Fiskars Group's reporting segments are Vita, Fiskars, and Other. The company's brands are present in more than 100 countries in Asia-Pacific, Europe, and the Americas.
Fiskars Oyj has maintained a consistent dividend payment record since 2018. Dividends are currently distributed on a quarterly basis, a structure that provides shareholders with a steady stream of income throughout the year. This regularity is often a sign of financial discipline, though it must be weighed against the company's broader earnings trends. Below is a chart showing annual Dividends Per Share for tracking historical trends.
As of today, Fiskars Oyj currently has a 12-month trailing dividend yield of 5.97% and a 12-month forward dividend yield of 6.03%. This suggests an expectation of increased dividend payments over the next 12 months. For context, dividend yield measures annual dividend income as a percentage of the share price, making it a key metric for income-focused investors comparing opportunities across the market.
Over the past three years, Fiskars Oyj's annual dividend growth rate was 3.40%. Extended to a five-year horizon, this rate increased to 9.00% per year. And over the past decade, Fiskars Oyj's annual dividends per share growth rate stands at 1.60%. This mixed trajectorystrong medium-term growth but modest long-term expansionwarrants closer inspection by investors seeking reliable income compounding.
Based on Fiskars Oyj's dividend yield and five-year growth rate, the 5-year yield on cost of Fiskars Oyj stock as of today is approximately 9.19%. Yield on cost reflects the effective return on the original investment as dividends grow over time, offering a useful lens for long-term holders.
To assess the sustainability of the dividend, one needs to evaluate the company's payout ratio. The dividend payout ratio provides insights into the portion of earnings the company distributes as dividends. A lower ratio suggests that the company retains a significant part of its earnings, thereby ensuring the availability of funds for future growth and unexpected downturns. As of 2026-06-30, Fiskars Oyj's dividend payout ratio is 1.90. And this may suggest that the company's dividend may not be sustainable.
Fiskars Oyj's profitability rank offers an understanding of the company's earnings prowess relative to its peers. GuruFocus ranks Fiskars Oyj's profitability 7 out of 10 as of 2026-06-30, suggesting good profitability prospects. The company has reported positive net income for each year over the past decade, further solidifying its high profitability. This long track record of positive earnings provides some reassurance, even as the elevated payout ratio raises questions about how much room remains for continued distributions at current levels.
To ensure the sustainability of dividends, a company must have robust growth metrics. Fiskars Oyj's growth rank of 7 out of 10 suggests that the company's growth trajectory is good relative to its competitors. However, growth rankings can mask underlying divergence across individual financial measures, so a closer look at revenue and earnings trends is essential.
Revenue is the lifeblood of any company, and Fiskars Oyj's revenue per share, combined with the 3-year revenue growth rate, indicates a strong revenue model. Fiskars Oyj's revenue has increased by approximately -2.90% per year on average, a rate that underperforms approximately 61.81% of global competitors.
The company's 3-year EPS growth rate showcases its capability to grow its earnings, a critical component for sustaining dividends in the long run. During the past three years, Fiskars Oyj's earnings increased by approximately -29.50% per year on average, a rate that underperforms approximately 80.58% of global competitors. Lastly, the company's 5-year EBITDA growth rate of -6.60% underperforms approximately 67.58% of global competitors.
Fiskars Oyj offers an attractive headline yield near 6%, supported by a consistent quarterly payment record since 2018 and a five-year dividend growth rate of 9.00%. However, the payout ratio of 1.90 signals that distributions currently exceed earnings, while negative trends in revenue, EPS, and EBITDA suggest underlying pressure on the business. Value investors should weigh the company's strong profitability rank and decade of positive net income against these growth headwinds before deciding whether the dividend is truly sustainable. Monitoring upcoming earnings reports and management's capital allocation priorities will be essential. GuruFocus Premium users can screen for high-dividend yield stocks using the High Dividend Yield Screener.