FMG 1.96% $17.97 fortescue ltd

Iron ore price, page-17503

  1. 5,787 Posts.
    lightbulb Created with Sketch. 1777
    $1.87 eps at div payout of 75% gives you div of $1.40 or pre tax div of $2 per share

    Then there’s another $0.47 of retained profit as well (that’s the 25% not paid out)

    Total grossed up EPS is $2.47 then!

    Wages are pre tax, rental yields are before tax so why not equities!

    Cheers
 
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