Fortescue to declare a massive dividend?
The Fortescue Metals Group Limited (ASX: FMG) share price will be on watch on Monday when it releases its full year results. Expectations are high for the mining giant due to its strong production and the sky-high iron ore price. Last week Macquarie suggested Fortescue could pay a dividend of ~$1.80 per share for FY 2020. This represents a massive 10% dividend yield.
imo the drums have been beating for some time re outperforming the market now lets see were we draw the NEW line in the sand as far as RETURN ON EQUITY.
Fortescue to declare a massive dividend?The Fortescue Metals...
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Last
$26.51 |
Change
-0.260(0.97%) |
Mkt cap ! $81.62B | |||
| Open | High | Low | Value | Volume |
| $26.85 | $26.89 | $26.48 | $41.85M | 1.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5950 | $26.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.52 | 2763 | 2 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$26.48 |
Change
-0.260 ( 1.07 %) |
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| Open | High | Low | Volume | ||
| $26.85 | $26.90 | $26.48 | 295094 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| FMG (ASX) Chart |