1 year ago the IO price was $88US/T.
So far today its at $102US/T.
March of 2024 we saw a dividend of $1.08
Its why I am expecting to see a higher dividend for the final one as
the IO price has been consistently higher from about late August 2023
to June 30, 2024.
The March 2025 dividend the way its going will be higher again due to FMG exporting more iron ore.
BHP, RIO and FMG have all expanded their port facility to export more iron ore so expect these 3 to have
bigger dividends going forward although BHP dropped nickle mining so they may dip.
Iron ore price, page-53675
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