FMG 2.25% $20.47 fortescue ltd

Final dividend likely to be at least $2.25 a share now, page-251

  1. 2,164 Posts.
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    My previous estimate made in December was AU$1.46 based on 80% payout ratio. As the IOP moved slightly up in December, my new updated estimate is still around this figure, AU$1.50 with a possible 5c correction in the both sides (higher or lower). The last variation is based on the IOP paid to FMG as there were some variations between average revenues in Q4FY21 and Q1FY22.
 
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