FMG 1.72% $22.48 fortescue ltd

Ann: Dividend/Distribution - FMG, page-32

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    The number of shares in the DRP is rounded down to fit within the amount of the dividend. The remainder is held in a Dividend Reinvestment Fund and is used in a future dividend to increase the amount. Eventually you get one more share thanks to the residual building up enough.
    The carried forward amount is shown on your dividend statement.
    Last edited by DalyWaters: 16/02/23
 
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