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
- Forums
- ASX - By Stock
- Iron ore price
Excellent work, I will be stocked if a half year dividend of...
-
- There are more pages in this discussion • 26,180 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$21.63 |
Change
-0.040(0.18%) |
Mkt cap ! $66.59B |
Open | High | Low | Value | Volume |
$21.48 | $21.63 | $21.02 | $156.6M | 7.309M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2129 | $21.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.63 | 817 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26 | 21.590 |
1 | 138 | 21.580 |
1 | 100 | 21.550 |
1 | 100 | 21.540 |
2 | 3120 | 21.530 |
Price($) | Vol. | No. |
---|---|---|
21.640 | 13080 | 1 |
21.650 | 3849 | 3 |
21.660 | 13080 | 1 |
21.670 | 46267 | 4 |
21.680 | 13080 | 1 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |