Broker UBS has forecast Fortescue could pay a whopping $3.69 per share dividend in FY21, which would translate to a grossed-up dividend yield of 22%.
https://www.********.au/2021/02/14/is-the-fortescue-asxfmg-share-price-a-buy-for-dividends/
Been passive holder for a while now, but didn't know the following.
.. it is undertaking exploration activities in New South Wales and South Australia, as well as in Ecuador and Argentina, and preliminary exploration activities on tenements that are in application in Colombia, Peru, Portugal and Kazakhstan, prospective for copper, gold and lithium.
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