FMG 2.89% $16.82 fortescue ltd

Iron ore price, page-53873

  1. 3,625 Posts.
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    Back in early 2020 when the pandemic crash happened FMG got as low as $8.20
    They still did a good dividend back then.

    They'll be doing another good dividend come August 28 as well.

    Go back even further. The big crash of 2007/08 when FMG went from $13.15 to $1.13
    and the next year they did 3 dividends with the third being a bonus one and that added up to $1.13 back a that year.

    The dividend yield is going to be at a near record high for the company.

    I bought back after the 2020 crash at just over $9 a share and the divs in that time have been over $11
    which easily paid for my shares so that is over 100% return in 4 years.

    I'll be buying another 9000 soon.
    I go for bargain hunting time which are these very rare times it falls to much.

    They always say buy in fear.


 
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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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