this is a further forecast that show you where fmg are going called yield. that is what traders want to invest in fr return of their cash. also when u think of how many people are retiring in Australia they will be looking for yield returns. from yahoo fiance re foolish take away.
In my opinion, a fundamental change in resource company capital management policies could lead yield-hungry investors to take a new look at resource stocks.
From the above list, my long-held preference has been for Fortescue Metals Group due to an increasing production profile, reduced capital expenditure and an unexpected 10 cent dividend (consensus 4 cents) in the prior profit reporting season.
FMG Price at posting:
$6.02 Sentiment: LT Buy Disclosure: Held
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