FMG 1.20% $21.41 fortescue ltd

I look at the divi this way.$1 in 1 month$1 in 7 months $1...

  1. 558 Posts.
    lightbulb Created with Sketch. 78
    I look at the divi this way.
    $1 in 1 month
    $1 in 7 months
    $1 Franking
    Therefore $3 on a $ 20 share in 7 months.(say 15%)
    Consideration is whether the SP will be north of $20 in 7 months? I think it will.
    Simplistic I know but thats me.

 
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