FMG 1.17% $17.73 fortescue ltd

stupid question, page-21

  1. 29,775 Posts.
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    Why on earth would there be a special dividend?
    Last special dividend was because everyone thought Labour would win the election and franking credits would be axed.
    Instead we will be setting aside a dollar or 2 for a court case.

    Bottom line - dividend will be between 50 - 80%.
    And just like last time they may not pay the full amount.
    Don't forget we are looking to diversify further and funds may be held back for that.

    Either way we are making a decent quid and safely at that.
 
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