FMG 3.48% $20.80 fortescue ltd

Declaration Date ???, page-8

  1. 3,914 Posts.
    lightbulb Created with Sketch. 767
    I'd say we will see a bounce up a bit about Wed to Fri then next Monday when we see what I suspect will be a $2.25 divvy
    then the stock will rise by $2 then give it a few days to a week then watch it drop like a brick until the pay out then it rises again.

    This happens every six months without fail. Go back how many years you like.
    Here a small graph below with red blobs to mark the divvy cycle.

    I see it dropping down to about $15 two weeks before pay out then after pay out it will get back to the $25 to $27 range again.
    Normal course of events going on at present.

    https://hotcopper.com.au/data/attachments/3501/3501727-960f384989858541779f9c21c3891847.jpg



 
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