I use a simple formula. I buy FMG, but never sell so I really don't give a rat's what the price is (unless I'm buying that day), I usually use FMG divi's to buy other stocks, but lately, I've been increasing my FMG holding because it's return is too good to ignore. I aim to get at least 10% return on any investment I make. I average the past 4 years dividends, i.e. add up the past 8 half yearly amounts and divide by 4; if that figure is more than the past year, I use the lower figure. Currently (at $21.44) based on my calculation using the past year's dividends totalling $2.08, the return is 9.7%, but I'm retired and living off my SMSF, so I can claim back the franking credits, so my return if I was buying at today's price would be 13.85%. I reckon that's not bad. Not advice, just my approach.
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Last
$22.55 |
Change
-0.045(0.20%) |
Mkt cap ! $69.41B |
Open | High | Low | Value | Volume |
$22.46 | $22.63 | $22.35 | $54.86M | 2.383M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1004 | $22.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.55 | 1402 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 624 | 22.540 |
18 | 5068 | 22.530 |
10 | 4238 | 22.520 |
11 | 7332 | 22.510 |
14 | 9062 | 22.500 |
Price($) | Vol. | No. |
---|---|---|
22.550 | 2674 | 20 |
22.560 | 4494 | 19 |
22.570 | 4571 | 15 |
22.580 | 4962 | 15 |
22.590 | 5047 | 12 |
Last trade - 13.47pm 17/07/2024 (20 minute delay) ? |
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FMG (ASX) Chart |