I wonder how close PilbaraBoy's upcoming March 2023 dividend prediction will come in at? He has been right on the money in his last prediction.
PilbarraBoy
27/05/22 for October 2022 dividend...
You're going to be stoked Bert! Our next dividend will be $1.20 a share ... see calculations below.
FMG 6 months production: 95 million tonnes
Average price received: USD$105 a tonne
FMG 'All in' cost: USD$55 a tonne (incl. C1,interest, depreciation)
Net Profit: USD$4.75 BILLION
AUD/USD Exchange Rate: $0.72c
AUD Net Profit: AUD$6.597 Billion
AUD Tax Payable (@30%): AUD$1.979 Billion
Net Profit available (for Dividend): AUD$4.618Billion
Dividend @ 80% payout ratio (i.e 80% of $4.618Billion) = AUD$3.694 Billion … or $1.20 a share
And the October 2022 dividend came in at $1.21!
https://hotcopper.com.au/threads/next-dividend.6715126/page-29?post_id=61659490
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PilbaraBoy prediction for upcoming March 2023 dividend...
FMG 6 months production: 97 million tonnes
Average price received: USD$88 a tonne
FMG 'All in' cost: USD$55 a tonne (incl. C1, Interest, Depreciation)
Net Profit: USD$3.201 BILLION
AUD/USD Exchange Rate: $0.67c
AUD Net Profit: AUD$4.778 Billion
AUD Tax Payable (@30%): AUD$1.433 Billion
Net Profit available (for Dividend): AUD$3.345Billion
Dividend @ 80% payout ratio (i.e 80% of $3.345Billion) = AUD$2.676 Billion … or $0.87 a share !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
https://hotcopper.com.au/threads/next-dividend.6715126/page-216?post_id=65944758
Tony
next dividend, page-221
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Last
$21.82 |
Change
-0.590(2.63%) |
Mkt cap ! $67.18B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.19 | $21.80 | $110.2M | 5.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11208 | $21.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.82 | 8653 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |