FMG 1.62% $21.92 fortescue ltd

Iron ore price, page-23260

  1. 3,018 Posts.
    lightbulb Created with Sketch. 926
    You picked it up nicely, but yes I am aware... I wasn't overly clear, I said 'A' half yearly divided, not THIS half yearly.

    so yes one dividend will probably be $2, just not the next one.

    this one will probably be pretty close to $1 I think.
    cash on hand is 33% higher than when our last dividend was 76c.
    we need a lot of captial this year, so need to hold onto a lot of cash.... Luckily we are earning good too!
 
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