FMG 1.94% $7.59 fortescue metals group ltd

FMG Dividend, page-24

  1. 1,040 Posts.
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    Radicool,

    i think it's time you got out of the stock market , I don't think it's for you. Maybe bank term deposits would be more suited.

    You keep going on comparing the BHP return to the FMG one, how many times do we have to go over this, they are not the same!!!! Return from the sale of an asset is completely different . FMG DO NOT have the same options to put to shareholders because they are not doing a capital return.


    You also keep going about a special dividend. Why? At no time have the board suggested this. The dividend policy has been spelt out numerous times, increased divies in good times and reduced in less profitable times. either way there will be less shares on issue sue following the buy back so all shareholders benefit.


    you say an increase in the price of 50c is of no use to you and would rather a special dividend from the funds they have committed. So you would rather get a circa 16c ($500m/3b shares) than 50c - I rest my case.


    Last edited by mike999: 12/01/19
 
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$7.59
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