FMG 0.18% $21.63 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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$21.63
Change
-0.040(0.18%)
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$21.48 $21.63 $21.02 $156.6M 7.309M

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No. Vol. Price($)
1 2129 $21.60
 

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Price($) Vol. No.
$21.63 817 1
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
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