FMG 1.17% $17.73 fortescue ltd

August 10, 2023 IO went as low as $88US/T.So far its still...

  1. 4,114 Posts.
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    August 10, 2023 IO went as low as $88US/T.
    So far its still hovering around the $100US/T to about $104US/T.

    July 2023 the lowest it got was $92US/T.
    July 2024 the lowest it got to was $97US/T.

    Back in July 2023 FMG was $19 a share.

    The difference this time is even though its low its not as low as 2023 for July or so far in August
    which is still early days.

    July 1 to December 31, 2023 we still had a dividend of $1.08 in late March of 2024.
    This time round we are higher and selling more iron ore so higher dividends will be the result.

    We are out of the green hydrogen so will save more money not wasting it on that.
    Dividends ought to start rising to $1.30 plus from here on in.

    https://hotcopper.com.au/data/attachments/6358/6358067-327dfc0cceb56538c46e5d49c66ce2bf.jpg



 
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