FMG 3.61% $20.10 fortescue ltd

News: FMG Fortescue Metals Group Says Q4 Total Ore Shipped 46.6 MT, page-5

  1. tpg
    1,735 Posts.
    lightbulb Created with Sketch. 420
    USD92 average and volume of 46.6 ( lets say 42 sold) for quarter computes to EPS of AUD 0.72 on my model which exact copy based on 2017 and 2018 of their annual and quarterly breakdowns ( hint very very close to actual ) gives a full yr EPS of AUD 1.37
    which on 50% payout div 0.68 - 0.3 (H1) = 0.38 final div
    on 80% payout div 1.09 - 0.3(H1) = 0.79 final div biggrin.png
 
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