You would have to wonder what the next 6 months will bring for next years dividend due around March 2022.
Never seen the iron ore price up this high for so long and as countries get vaccinated people will start buying again and more demand than ever for steel.
So next year the dividend may well be over $4 but who knows.
Surely it has to drop back at some point.
I'm sticking to $2.25 for my dividend.
We'll know soon enough.
FMG up today while RIO and BHP both down.
You would have to wonder what the next 6 months will bring for...
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$21.41 |
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-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
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| No. | Vol. | Price($) |
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| 1 | 93 | $21.40 |
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| Price($) | Vol. | No. |
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| FMG (ASX) Chart |