FMG 1.86% $19.54 fortescue ltd

Ann: Fortescue announces US$1.0bn repayment of 2019 Term Loan, page-28

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,034 Posts.
    lightbulb Created with Sketch. 169
    Fortescue are not focused on reducing debt to zero at that cost of dividends,

    They are committed to paying out 30-40% of earnings as a dividend, their target of debt is a 30% gearing which they are already below, So no need to rush and break the dividend policy.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.