FMG 2.21% $19.41 fortescue ltd

Watch it climb slowly up till and including the last...

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  1. 6,664 Posts.
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    Watch it climb slowly up till and including the last cum-dividend date of Friday 28 February 2020 (ex-dividend date 2 March 2020). SMSFs love franking credits and will chase the stock in the next week and a half up till the ex-divvy date. At 76c/share fully franked the grossed up return is $1.085 (giving a bit over 9.8% grossed up divvy yield based on yesterday's closing price).
 
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