FMG 1.56% $18.97 fortescue ltd

Your initial statement was FMG dividend earnings per month is...

  1. 12,877 Posts.
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    Your initial statement was FMG dividend earnings per month is greater than PAYG yearly salary. ie 12 x greater than salary

    It's easy to do the math.

    Based on my very low ball PAYG earnings estimate of $50,000 pa means your FMG dividend was $600,000.00 pa from 167,598 shares with a current share value of $2.4mill that peaked at~ $4.36 mill

    If your PAYG was a little better@ $100,000 pa your FMG Dividend was 1.2mill pa from 335,195 shares and the current share value was $4.8mill that peaked at $8.715 mill.

    Forgive me if I remain sceptical.


 
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