I must confess that I wasn't expecting an "interim dividend", so...

I must confess that I wasn't expecting an "interim dividend", so I am also a happy little shareholder!!

This got me thinking as to what dividend we might expect for FY13....

OK, so last Sep, we got 15c for the FY12 - this year(FY13), we already have 5c and ,I would guess, we could get a further 10 to 15c dividend for the 2nd half of FY13 which will be declared later on in Sep.

MY & Morgan Ball give us clues as to what we might expect:

MY: "The Board is pleased to maintain a fully franked dividend return to our shareholders and, as always, will continue to assess our cash position with a view to maintaining this approach to dividends in the future.”

Basically saying that they want to keep dividends flowing - as in the past.

MB:"Given the positive iron ore pricing outlook, the Company may look to reduce this debt ahead of the planned schedule."

This makes me think that if they make more than a "20c divi profit", then the balance will be used to pay off the debt early(?)