FMG 3.23% $18.87 fortescue ltd

Ann: Quarterly Production Report, page-19

  1. 449 Posts.
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    Last dividend 86c with 70% payout. Average price for that period was US$95.58
    This period US$104 [Q3 108/Q4 100, but costs up US$2 for last Qtr.]
    Since FFA & Forrest need funds , perhaps he may return to 80% this half.
    Fact-we have a bigger profit, than last half.
    Guesstimates? 100c dividend this half, 110 [hoping, but probably dreaming]

 
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