Yeah, I agree with you you completely Goldie.
Mate, my memory of dividend policy is that Fortescue is committed to paying shareholders 50-80% of profit. I think they've been paying about 65%
recently, so even if they went to the minimum 50% I reckon that would be a long way clear of 33cents. Look likes another generous serving of scrambled eggs to the faces of the "experts"
Are my dividends policy memories in harmony with yours?
Cheers Wes
Ann: Dividend/Distribution - FMG, page-335
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