I’m am trying to get an understanding of what FMG is likely to pay out in dividends in the coming years. Taking into consideration Iron Bridge and IO production improvements etc but not the FFI initiatives. Do people think FMG is a good option for a SMSF?
is there a rough sliding scale ie Annual average IOP $200 =the annual dividend will be say $5 franked
if the average IOP is $150= the annual dividend will be say $4
IOP $100 etc etc
Final dividend likely to be at least $2.25 a share now, page-85
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