Damn - with an 80% payout ratio, my prediction below would have been spot on!
Should go get myself a job at UBS!FMG 6 months production: 97 million tonnes
Average price received: USD$88 a tonne
FMG 'All in' cost: USD$55 a tonne (incl. C1,interest, depreciation)
Net Profit: USD$3.201 BILLION
AUD/USD Exchange Rate: $0.67c
AUD Net Profit: AUD$4.778 Billion
AUD Tax Payable (@30%): AUD$1.433 Billion
Net Profit available (for Dividend): AUD$3.345Billion
Dividend @ 80% payout ratio (i.e 80% of $3.345Billion) = AUD$2.676 Billion … or $0.87 a share
Ann: Dividend/Distribution - FMG, page-17
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |