FMG 1.04% $20.35 fortescue ltd

Iron ore price, page-34211

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    The average exchange rate for July 2021 to 16/07/2021 is 0.74808 and the dividend calculation for the next six months is $3.21. Using the spreadsheet and changing the average exchange rate to 0.73808 automatically changes the dividend to $3.25. That assumes all the other key metrics remain the same, So 1c drop in the exchange rate = +4 cents of dividend.
    Muddy
 
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