FMG 0.69% $21.97 fortescue ltd

Excuse my ignorance here, I haven't held FMG in a very long...

  1. 180 Posts.
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    Excuse my ignorance here, I haven't held FMG in a very long time and am starting to put some time & energy back into it.. I calculate dividend yield at 25% (assuming you bought in at today's SP and last year's dividend stayed unchanged). Am I missing something here? That type of return is almost unheard of, especially for a stock of this standing..! What financial, economic or technical reasons am I overlooking here..?
 
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Last
$21.97
Change
0.150(0.69%)
Mkt cap ! $67.89B
Open High Low Value Volume
$22.18 $22.18 $21.85 $38.43M 1.741M

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No. Vol. Price($)
13 3452 $21.96
 

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Price($) Vol. No.
$21.97 3248 19
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Last trade - 11.50am 09/07/2024 (20 minute delay) ?
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