FMG 5.53% $20.14 fortescue ltd

You're going to be stoked Bert! Our next dividend will be $1.20...

  1. 2,106 Posts.
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    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


 
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Last
$20.14
Change
-1.180(5.53%)
Mkt cap ! $62.01B
Open High Low Value Volume
$20.65 $20.83 $20.02 $262.9M 12.91M

Buyers (Bids)

No. Vol. Price($)
1 1250 $20.14
 

Sellers (Offers)

Price($) Vol. No.
$20.15 2500 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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