Franco-Nevada Reports Record Revenues, Dividend Hike
What happened
Mining company Franco-Nevada reported record revenues, up 86%, with EPS beating estimates at $1.85. The company also announced a 16% dividend hike, its 19th consecutive increase. Porter Stansberry touted it as a hedge against dollar decline, recommending dollar-cost averaging for long-term gains.
Why it matters
Franco-Nevada's record revenue was driven by higher precious metal prices and increased production across its portfolio. The company sold 519,106 gold equivalent ounces (GEOs) in 2025. Precious metals accounted for 90% of the company's revenue. The 16% dividend hike marks the 19th consecutive annual increase. The quarterly dividend is now $0.44 per share, payable March 26, 2026, to shareholders of record on Thursday. Franco-Nevada's annual dividend is $1.58 per share, with a yield of 0.60%. H.C. Wainwright raised its price target on Franco-Nevada stock to $305 from $285, maintaining a Buy rating. The firm's average realized gold price reached roughly $3,436 per ounce. Much of the growth was attributed to acquisitions following the shutdown of Cobre Panamá. Porter Stansberry has recommended Franco-Nevada for over a decade, viewing it as a leveraged bet against dollar decline. Stansberry identifies Franco-Nevada as a "massively leveraged bet on the decline of the dollar's purchasing power, but without having to carry any debt". He highlights the company's royalties on hundreds of gold mines globally.
Key numbers
- Mining company Franco-Nevada reported record revenues, up 86%, with EPS beating estimates at $1.85.
- The company also announced a 16% dividend hike, its 19th consecutive increase.
- The company sold 519,106 gold equivalent ounces (GEOs) in 2025.
- Precious metals accounted for 90% of the company's revenue.
What happens next
- Wainwright raised its price target on Franco-Nevada stock to $305 from $285, maintaining a Buy rating.
Sources
Quick answers
What happened in Franco-Nevada Reports Record Revenues, Dividend Hike?
Mining company Franco-Nevada reported record revenues, up 86%, with EPS beating estimates at $1.85. The company also announced a 16% dividend hike, its 19th consecutive increase. Porter Stansberry touted it as a hedge against dollar decline, recommending dollar-cost averaging for long-term gains.
Why does Franco-Nevada Reports Record Revenues, Dividend Hike matter?
Franco-Nevada's record revenue was driven by higher precious metal prices and increased production across its portfolio. The company sold 519,106 gold equivalent ounces (GEOs) in 2025. Precious metals accounted for 90% of the company's revenue. The 16% dividend hike marks the 19th consecutive annual increase. The quarterly dividend is now $0.44 per share, payable March 26, 2026, to shareholders of record on Thursday. Franco-Nevada's annual dividend is $1.58 per share, with a yield of 0.60%. H.C. Wainwright raised its price target on Franco-Nevada stock to $305 from $285, maintaining a Buy rating. The firm's average realized gold price reached roughly $3,436 per ounce. Much of the growth was attributed to acquisitions following the shutdown of Cobre Panamá. Porter Stansberry has recommended Franco-Nevada for over a decade, viewing it as a leveraged bet against dollar decline. Stansberry identifies Franco-Nevada as a "massively leveraged bet on the decline of the dollar's purchasing power, but without having to carry any debt". He highlights the company's royalties on hundreds of gold mines globally.