"Cheers Mudcrabs
How long does the IO price have to hold or reach before we can comfortably predict the next div will be around $2?"
The answer is an average of US$132 from now to 30/06/2021 will give us a final dividend of just over $2.00 for the six month period.
If we average US$160 my spread sheet calculates the dividend at $2.23. We may well achieve an average above that.
Muddy
Iron ore price, page-29186
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