FMG 1.04% $20.35 fortescue ltd

FMG half-year production: 85 million tonnes FMG average price...

  1. 2,106 Posts.
    lightbulb Created with Sketch. 2348
    FMG half-year production: 85 million tonnes

    FMG average price received: Say USD$70 a tonne

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

    Net Profit: USD$2.125 BILLION

    AUD/USD Exchange Rate: $0.62cAUD

    Half-year Profit: AUD$3.43 Billion

    AUD Tax Paid (@30%): AUD$1.03 Billion

    Available for Dividend Distribution: AUD$2.4 Billion

    Full-year Dividend … say @ 75% payout ratio (i.e 75% of $2.4 Billion) = AUD$1.8 Billion … or $0.60c a share
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$20.35
Change
0.210(1.04%)
Mkt cap ! $62.65B
Open High Low Value Volume
$20.41 $20.76 $20.26 $183.4M 8.943M

Buyers (Bids)

No. Vol. Price($)
3 2123 $20.34
 

Sellers (Offers)

Price($) Vol. No.
$20.36 4581 2
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.