Iron ore price, page-26580

Excellent work, I will be stocked if a half year dividend of $1.60 is declared. Based on AF's track record of wanting large dividend payouts, you could be spot on the money.

In any event a full year dividend of say $2.50 to $3.00 would be great, and they could use some cash to strengthen the balance sheet while the IO price is high by repaying some debt as a precaution should hard times hit again.

What ever the case is with the dividend now No. 6 by market cap with the best dividend yield of the top ASX 50 companies if not the market
Go back 10 years and check the financials against the financial position now.

I had plenty of margin calls to meet, impending divorce but am I glad I picked the right company to take a risk with.

Sold 50% of holdings far too soon, but I could not have imagined that the share price would be close to $24 and IO hitting $170mt so soon.

Greed killed me before, not again I am happy with the holding I have and no longer care about the sp so much, the dividend is what interests me. Even at $1.00 dividend each year I will be more than happy, there is no other investment that I could make that would give a hassle-free return, with potential for capital gains and tax effective use of franking credits