FMG 2.89% $20.68 fortescue ltd

Dividend is likely to be anything from $1.08 to $1.25It gets...

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  1. 3,917 Posts.
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    Dividend is likely to be anything from $1.08 to $1.25
    It gets down to what percentage of profits they base it on.

    It can be anything from 50% to 80% of profits go into dividends.

    Currency still low at $0.66US

    Last dividend was on profits of 65%

    They have started to sell some of their FFI projects to customers so I am thinking the final divvy
    will be over $1 maybe anything from $1.08 to $1.25

    Also at play is that fact Forrest might want more cash since going the divorce so maybe a bigger
    share of profits this time round.

    Its all guess work.


 
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$20.68
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$21.26 $21.59 $20.48 $371.6M 17.83M

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Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
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