At US$60 IO price and based on 40% pay out ratio, FMG is currently yield at 4.8%.
And I'll answer what you going to ask me, at US$70 IO price and based on 40% pay out ratio, yield at 6.6% and US$80 is 8.9% yield.
High yield and high growth, what more can you ask for??
DYOR.
Frank.
Iron Ore Price, page-12131
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Last
$17.94 |
Change
-0.350(1.91%) |
Mkt cap ! $55.23B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.24 | $17.92 | $112.0M | 6.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 440 | $17.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.95 | 10018 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |