FMG 7.31% $18.12 fortescue ltd

Iron ore price, page-53280

  1. 4,077 Posts.
    lightbulb Created with Sketch. 794
    Market has corrections and crashes from time to time.

    Dividend will still be good. If buying now yield will be far higher.
    Div yield as the share price sits at now is 11.22%

    A year ago IO got as low as $92US/T. So far in July IO got a slow as $97US/T.

    When panic sets in it can drop hard.

    I'll be buying another 10K so thanks to the shorters I will get a bigger dividend yield.

 
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$18.12
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5 14492 $18.12
 

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