Future plc, together with its subsidiaries, publishes content for technology, games, TV and entertainment, women's lifestyle, real life, music, creative and photography, sports, home interest, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The Media segment provides e-commerce, digital advertising, events, lead generation, newsletters and CRM, and digital licensing services. The Magazine segment creates specialist magazines and bookazines in print and digital formats; and offers print licensing services. The company also provides endorsement licensing, comparison shopping, and video content production services, as well as various sales and distribution services to third party publishers. Future plc was founded in 1985 and is based in Bath, the United Kingdom.
Is FRNWF a good dividend investment in 2026?
FRNWF offers a 4.55% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of 100% demonstrates strong, consistent growth that outpaces inflation.
FRNWF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your FRNWF portfolio grows to $15.98M vs $11.17M without reinvestment. This is the compound interest effect in action.
FRNWF dividend growth history & forecast
FRNWF has grown its dividend by 0% over the last year and 100% 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 4.55%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 FRNWF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold FRNWF.
Gross yield
4.55%
Tax rate
15.00%
After-tax yield
3.87%
Real yield (−CPI)
1.07%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.55%
1.75%
$455 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.87%
1.07%
$387 / yr
🇺🇸 US Taxable (20%)
20%
3.64%
0.84%
$364 / yr
🇬🇧 UK ISA
0%
4.55%
1.75%
$455 / yr
🇬🇧 UK Taxable
8.75%
4.15%
1.35%
$415 / yr
🇨🇦 TFSA
0%
4.55%
1.75%
$455 / yr
🇨🇦 CA Taxable
25%
3.41%
0.61%
$341 / yr
🇦🇺 Super (pension)
15%
3.87%
1.07%
$387 / yr
🇦🇺 AU Taxable
30%
3.18%
0.38%
$318 / yr
🇩🇪 DE Taxable
26.375%
3.35%
0.55%
$335 / yr
🇫🇷 FR Taxable
30%
3.18%
0.38%
$318 / 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.
🎯 FRNWF Income Goal & Break-Even
Dividend Break-Even
5yr
Years for dividends to fully repay your FRNWF investment of $5.00/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$1.07M
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$1.07M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in FRNWF for:
Shares needed
124,161
Capital required
$620,805
Monthly income
$2,000
Based on current dividend of $0.23/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 FRNWF Dividend Payment Schedule
FRNWF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.48 / payment
$1.93 / year after tax
100 shares
$4.83 / payment
$19.33 / year after tax
1,000 shares
$48.32 / payment
$193.30 / year after tax
📊 FRNWF vs Communication Services Benchmarks
How FRNWF compares to typical Communication Services averages.
Benchmark: Communication Services
Dividend Yield▲+2.25% vs sectorBetter
FRNWF
4.55%
avg
2.30%
5Y Dividend CAGR▲+94.80% vs sectorBetter
FRNWF
100.00%
avg
5.20%
Payout Ratio▼+2.00% vs sectorBelow avg
FRNWF
50.00%
avg
48.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for FRNWF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ FRNWF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
2.97
⚠️ Grey Zone — monitor closely
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
7/9
✅ Strong fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
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 FRNWF 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 →