About Forbion European Acquisition Corp. (FRBNU) — Dividend Analysis 2026
Forbion European Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify opportunities in the life sciences industry in Europe. The company was incorporated in 2021 and is based in Wilmington, Delaware.
Is FRBNU a good dividend investment in 2026?
FRBNU offers a 10.00% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
FRBNU DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your FRBNU portfolio grows to $25.9K vs $20.0K without reinvestment. This is the compound interest effect in action.
FRBNU dividend growth history & forecast
FRBNU has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 10.00%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 FRBNU Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold FRBNU.
Gross yield
10.00%
Tax rate
15.00%
After-tax yield
8.50%
Real yield (−CPI)
5.70%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
10.00%
7.20%
$1,000 / yr
🇺🇸 US Taxable (15%) ✓
15%
8.50%
5.70%
$850 / yr
🇺🇸 US Taxable (20%)
20%
8.00%
5.20%
$800 / yr
🇬🇧 UK ISA
0%
10.00%
7.20%
$1,000 / yr
🇬🇧 UK Taxable
8.75%
9.13%
6.33%
$913 / yr
🇨🇦 TFSA
0%
10.00%
7.20%
$1,000 / yr
🇨🇦 CA Taxable
25%
7.50%
4.70%
$750 / yr
🇦🇺 Super (pension)
15%
8.50%
5.70%
$850 / yr
🇦🇺 AU Taxable
30%
7.00%
4.20%
$700 / yr
🇩🇪 DE Taxable
26.375%
7.36%
4.56%
$736 / yr
🇫🇷 FR Taxable
30%
7.00%
4.20%
$700 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 FRBNU Income Goal & Break-Even
Dividend Break-Even
12yr
Years for dividends to fully repay your FRBNU investment of $20.00/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$12.6K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$10.1K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in FRBNU for:
Shares needed
14,118
Capital required
$282,360
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 FRBNU Dividend Payment Schedule
FRBNU pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 FRBNU vs Financial Services Benchmarks
How FRBNU compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+7.10% vs sectorBetter
FRBNU
10.00%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
FRBNU
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
FRBNU
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for FRBNU sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ FRBNU Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Forbion Growth Sponsor FEAC I B.V.
director, 10 percent owner:
D-Return
2023-10-30
2,000,000
—
—
Forbion Growth Sponsor FEAC I B.V.
director, 10 percent owner:
D-Return
2023-10-30
666,666
$11.50
$7.67M
Forbion Growth Sponsor FEAC I B.V.
director, 10 percent owner:
C-Conversion
2023-10-27
1,373,496
—
—
Forbion Growth Sponsor FEAC I B.V.
director, 10 percent owner:
A-Award
2023-10-27
1,000,000
$11.50
$11.50M
Forbion Growth Sponsor FEAC I B.V.
director, 10 percent owner:
C-Conversion
2023-10-27
1,373,496
—
—
Forbion Growth Sponsor FEAC I B.V.
director, 10 percent owner:
Other
2021-12-09
5,195,000
$11.50
$59.74M
Forbion Growth Sponsor FEAC I B.V.
director, 10 percent owner:
Other
2021-12-09
3,162,500
—
—
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🔬
Financial Health Scores
Altman Z-Score
12.91
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the FRBNU dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →