FMG 2.63% $21.82 fortescue ltd

$2.17???? You're close but not quite there mudcrabs....Please...

  1. 2,103 Posts.
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    $2.17???? You're close but not quite there mudcrabs....


    Please see a more accurate Full-Year dividend prediction of $2.32 below:

    FMG6 months production: 90 million tonnes

    Averageprice received: Say USD$155 a tonne

    FMG'All in' cost: USD$45 a tonne (incl. C1, interest, depreciation)


    Net Profit: USD$9.9 BILLION

    AUD/USDExchange Rate: $0.775c


    AUD Net Profit: AUD$12.774 Billion

    AUDTax Payable (@30%): AUD$3.832 Billion

    NetProfit available (for Full-Year Dividend): AUD$8.942 Billion

    Full-YearDividend @ 80% payout ratio (i.e 80% of $8.942 Billion) = AUD$7.154 Billion …or $2.32 a share

 
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Last
$21.82
Change
-0.590(2.63%)
Mkt cap ! $67.52B
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$22.18 $22.19 $21.80 $110.2M 5.031M

Buyers (Bids)

No. Vol. Price($)
6 11208 $21.81
 

Sellers (Offers)

Price($) Vol. No.
$21.82 8653 1
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Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
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