FMG 0.18% $21.86 fortescue ltd

Current price implies a 10% yield of about $1.55 which is a mere...

  1. 4,178 Posts.
    lightbulb Created with Sketch. 2290
    Current price implies a 10% yield of about $1.55 which is a mere 44% of last year's yield. If you just needed 7% yield to hold, the current price implies a dividend that's only 33% of last year's... that's a pretty hefty discount when bhp is on twice the pe / half those yields. Just rough maths. don't rely on it.
 
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$21.86
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$22.18 $22.18 $21.69 $119.2M 5.445M

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No. Vol. Price($)
3 14450 $21.85
 

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Price($) Vol. No.
$21.87 152 1
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