Fox Corporation

(NASDAQ Global Select)
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Slightly Bullish +15

FOXA Dividend History: 0.98% Yield Β· $0.57 annual | MerryDiv

AI-generated analysis

πŸ“Š Fox Corporation (FOXA) pays a trailing annual dividend of $0.57 per share with a current yield of 0.98% as of September 2026.

πŸ›‘οΈ The company maintains a conservative payout ratio of 17.0%, providing significant financial headroom to sustain dividends even if earnings face pressure.

πŸ“ˆ FOXA has recorded five consecutive years of dividend growth, with a CAGR of 3.0% from 2019 to 2025.

πŸ“‰ The stock exhibits a beta of 0.559, moving well below the broader market and appealing to investors prioritizing lower volatility.

🏒 FOXA operates through Cable Network Programming (FOX News, FS1), Television (FOX network, Tubi), and Corporate segments including local station ownership.

πŸ’° The current yield of 0.98% sits above the company's 5-year average of 0.78%, reflecting income growth relative to historical norms.

Bullish Signals
  • Fox Corporation maintains a highly conservative payout ratio of 17.0%, ensuring dividend safety and substantial room to maintain payments even if earnings face pressure.
  • The company has successfully increased its dividend for five consecutive years, demonstrating a committed track record of shareholder returns despite industry headwinds.
  • FOXA exhibits a low beta of 0.559, providing portfolio diversification and lower volatility compared to the broader market for income-focused investors.
Risk Factors
  • The current dividend yield of 0.98% is classified as low (below 2%), which may limit appeal for investors seeking high-income portfolios.
  • The company faces a significant structural risk from the ongoing decline in traditional cable viewership, which directly impacts its Cable Network Programming segment.
Full Analysis
Fox Corporation (FOXA) is a prominent U.S.-based media entity established in 2018, operating through segments including Cable Network Programming, Television, and Corporate operations. The company owns recognizable brands such as FOX News, FS1, the FOX broadcast network, Tubi, and holds rights to 29 local television stations. Its operational framework includes production facilities like the FOX Studios Lot in Los Angeles, featuring extensive sound stages and post-production resources. The article details FOXA's dividend profile, noting a trailing annual dividend of $0.57 per share with a current yield of 0.98% as of September 2026. The company maintains a conservative payout ratio of 17.0%, indicating that dividends are funded by a small portion of earnings, which provides substantial safety margins against potential revenue pressures from advertising cycles or shifts in cable viewership. Historical data shows a Compound Annual Growth Rate (CAGR) of 3.0% for dividends from 2019 to 2025, with the per-share dividend rising from $0.46 to $0.55 over that period. While the yield is classified as low compared to high-yield alternatives, the stock exhibits a beta of 0.559, offering lower volatility than the broader market, which appeals to income investors seeking stability alongside modest but unbroken dividend growth.