FMG 1.16% $21.82 fortescue ltd

FMG - 2021 Interim Dividend, page-5

  1. 2,103 Posts.
    lightbulb Created with Sketch. 2335
    Folks, increasing the average price FMG receives to USD$110 a tonne (from USD$105 a tonne) increases our next dividend to $1.35 a share!!!!

    FMG6 mths production: 90 million tonnes

    Averageprice received: Say USD$110 a tonne

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


    Net Profit: USD$5.85 BILLION

    AUD/USDExchange Rate: $0.73c


    AUD Half-year Interim Profit: AUD$8.0 Billion

    AUDTax Paid (@30%): AUD$2.4 Billion

    NetProfit available (for Interim Dividend distribution): AUD$5.6 Billion

    InterimDividend @ 75% payout ratio (i.e 75% of $5.60 Billion) = AUD$4.2 Billion … or$1.35 a share

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.82
Change
0.250(1.16%)
Mkt cap ! $66.99B
Open High Low Value Volume
$21.60 $21.93 $21.54 $49.32M 2.266M

Buyers (Bids)

No. Vol. Price($)
15 1271 $21.81
 

Sellers (Offers)

Price($) Vol. No.
$21.82 3418 21
View Market Depth
Last trade - 14.09pm 03/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.