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.
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.
