FMG 1.26% $18.75 fortescue ltd

Iron ore price, page-38269

  1. 4,178 Posts.
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    Current price implies a 10% yield of about $1.55 which is a mere 44% of last year's yield. If you just needed 7% yield to hold, the current price implies a dividend that's only 33% of last year's... that's a pretty hefty discount when bhp is on twice the pe / half those yields. Just rough maths. don't rely on it.
 
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