FMG 5.04% $17.50 fortescue ltd

Ann: Dividend/Distribution - FMG, page-26

  1. 117 Posts.
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    70% NPAT Interim dividend payout HY 2022

    75% NPAT Final Dividend payout FY 2022

    This equates to 8c more per share and after accounting for the recent Notes Offering, this is the story of the day given the current Stock Market situation and the unpredictable movements in the IO price.

    It seems to me the board have considered the road ahead and are comfortable enough with the payout and see it’s companies path forward differently to the fatalists.
 
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