FMG 1.10% $19.76 fortescue ltd

First post finally after hovering these forums for over a year...

  1. 5 Posts.
    lightbulb Created with Sketch. 9
    First post finally after hovering these forums for over a year =)

    Just to clarify, that div yield is the net yield (6.5/0.7 = ~9.3%) which is basically the conclusion you came to. The Tax Adjusted yield takes into account if you are in the top tax bracket of 45% (ie (6.5*0.55)/0.7 = ~5.1%)
 
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