Dividend Overview
Dividend Yield
13.26%
Dividend / Share
$2.33
FMC Corp
Exchange: NYSESector: Basic MaterialsIndustry: Agricultural Inputs
FMC Corporation (FMC), is a diversified chemical company. FMC serves agricultural, consumer and industrial markets with solutions, applications and products. It operates in three business segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals. Agricultural Products segment develops, markets and sells all three classes of crop protection chemicals, such as insecticides, herbicides, and fungicides, with particular strength in insecticides and herbicides. Specialty Chemicals consists of its BioPolymer and lithium businesses and focuses on food ingredients that are used to enhance texture, color, structure and physical stability; pharmaceutical additives for binding, encapsulation and disintegrate applications, specialty polymers and pharmaceutical synthesis. In October 2013, FMC Corporation announced the acquisition of the Center for Agricultural and Environmental Biosolutions (CAEB).
Did you know?
Earnings per share grew at a -6.5% CAGR.
Current Price
$17.58
+0.92%Profile
Valuation (TTM)
Market Cap$2.20B
P/E-0.98
EV$5.31B
P/B1.06
Shares Out124.92M
P/Sales0.63
Revenue$3.47B
EV/EBITDA—
FMC Corp (FMC) Dividends
GoodMoat Analysis
The 15.1% dividend yield is a severe warning sign, not an opportunity. The dividend is highly unsustainable due to massive negative free cash flow, a deeply distressed balance sheet, and significant GAAP losses.
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An income-focused value investor must prioritize dividend sustainability, which FMC Corp fails on all key metrics. The 15.1% yield is extraordinarily high compared to the sector, but this is a classic 'yield trap' signal. The payout is not supported by the company's financials. According to the GoodMoat framework's Quality Indicators, both Free Cash Flow and Balance Sheet strength are critically weak. The FCF yield is -9.2%, meaning the company is burning cash and cannot fund the dividend from operations. The balance sheet shows a Debt/Equity ratio of nearly 2.0, indicating high leverage without the earnings to service it, and the company is deeply unprofitable with a -64.6% profit margin and negative EPS. There is no capacity for dividend growth; the focus is on survival. A dividend cut or suspension appears highly probable as the company lacks the cash generation and financial strength to maintain the payout while addressing its debt and operational challenges. Analysis based on data as of 2024-05-15.
Key Metrics
Market Cap
$2.20B
P/E Ratio
-0.98
Forward P/E
—
EPS
$-17.88
PEG Ratio
-0.00
Book Value
$16.58
Dividend Yield
13.26%
Profit Margin
-64.57%
ROE
-108.08%
Dividend History
Dividend Safety
FMC Dividend Analysis
FMC Corp (FMC) dividend analysis including yield, payout history, and sustainability metrics. The current dividend yield is 13.26%. The annual dividend per share is $2.33.
P/E ratio: -0.98. Profit margin: -64.57%. Free cash flow: $-176.50M. This page shows FMC Corp's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.
GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported FMC Corp's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.