Sigh...
Nolan, that's why the payout ratio I've used is 80%.
For the hundredth time: of the remaining 20% profit, 10% gets distributed to FFI; and the other 10% is retained by FMG to fund ongoing exploration, Iron Bridge, etc etc etc
NOTE: with the 62% Fe iron ore price at USD$144 today (FMG receive approx 85-90% of this spot price for our lower grade ore) and with only 3 weeks left in this Jan-Jun half year period, I stand by my dividend estimate of AUD$1.20 a share.
next dividend, page-52
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Last
$19.22 |
Change
0.245(1.29%) |
Mkt cap ! $59.56B | |||
| Open | High | Low | Value | Volume |
| $19.11 | $19.40 | $19.11 | $34.47M | 1.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 594 | $19.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.22 | 4543 | 17 |
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| Last trade - 11.26am 10/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |