FMG 2.89% $16.82 fortescue ltd

next dividend, page-29

  1. 2,115 Posts.
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    You're going to be stoked Bert! Our next dividend will be $1.20 a share ... see calculations below.

    FMG 6 months production: 95 million tonnes

    Average price received: USD$105 a tonne

    FMG 'All in' cost: USD$55 a tonne (incl. C1,interest, depreciation)


    Net Profit: USD$4.75 BILLION

    AUD/USD Exchange Rate: $0.72c


    AUD Net Profit: AUD$6.597 Billion

    AUD Tax Payable (@30%): AUD$1.979 Billion

    Net Profit available (for Dividend): AUD$4.618Billion

    Dividend @ 80% payout ratio (i.e 80% of $4.618Billion) = AUD$3.694 Billion … or $1.20 a share


 
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Last
$16.82
Change
-0.500(2.89%)
Mkt cap ! $51.78B
Open High Low Value Volume
$17.11 $17.23 $16.81 $252.2M 14.80M

Buyers (Bids)

No. Vol. Price($)
4 13676 $16.82
 

Sellers (Offers)

Price($) Vol. No.
$16.83 350 1
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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