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
FMG - 2021 Interim Dividend, page-5
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.14 |
Change
0.180(0.90%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.11 | $20.40 | $19.80 | $203.8M | 10.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $20.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.14 | 17291 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |