FMG 3.23% $18.87 fortescue ltd

next dividend, page-169

  1. 10,284 Posts.
    lightbulb Created with Sketch. 1435
    Thanks, yes I had come across that site sometime ago, but had forgotten about it until your post. Incredible resource, if they had this data for all ASX stocks (that had analysts coverage) then Bloomberg would be looking very pricey!

    ASX estimate still in the $1.30's:
    https://hotcopper.com.au/data/attachments/4611/4611342-aa460eea81240f08d440c8d8a26b341f.jpg

    Although the option market is a fair bit lower, assuming 0% interest rates:
    • Est Dividend = Stock Price - Call + Put - Strike

    Currently $19.01 September call and put is $0.485 and $1.38 respectively so that gives:
    • Est Dividend = $19.16 - $0.485 + $1.38 - $19.01 = $1.045

    Anyway, aside from franking credits, it just doesn't matter as what you get in the div you lose in the stock price as we all know.
    Last edited by convexity: 21/08/22
 
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$18.87
Change
0.590(3.23%)
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$18.86 $18.90 $18.44 $375.1M 19.96M

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No. Vol. Price($)
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$18.88 3586 4
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