FMG 1.90% $22.00 fortescue ltd

Ann: Dividend/Distribution - FMG, page-101

  1. 3,340 Posts.
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    The biggest news of all is FMG no longer going to take out of profits money for FFI.
    They are getting funds from investors and governments so this will mean bigger dividends.

    So my $1.20 prediction of 2 months ago might be $1.35 or so for the next dividend.

    Next month we find out what the dividend will be come late March by which time FMG may well be over $33 a share.
    IO is heading north again.


 
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