FMG 1.10% $19.76 fortescue ltd

Ann: Dividend/Distribution - FMG, page-7

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  1. 3,939 Posts.
    lightbulb Created with Sketch. 770
    3rd biggest profit in the companies history.
    To much wasted on green hydrogen which is thankfully behind us.

    89c still ok and a better yield than BHP or RIO.

    I suppose if you look at it this way the day of ex date won't drop as much.
    Currency is higher as well due to US cutting interest rates and we may well be putting them up
    which effects profits by a few percent.

    We sold 191m tones the past year and next year it will be 210m tonnes due to expanding port facilities for FMG
    along with BHP and RIO.

    https://hotcopper.com.au/data/attachments/6415/6415137-8e4c0dc40b77a70c2be0813b2230556c.jpg

 
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