Discussion in 'Stocks' started by drukes1234, Nov 11, 2005.
Am I seeing the right numbers for FDG dividend? Almost an 18% yield?
I haven't looked at it, but check whether it is some type of one-off special dividend, perhaps tied to a transaction, like a divestiture or whatever.
As such, the 18% would only apply to immediate history, not what current shareholders could expect to receive.
"Fording (nyse: FDG - news - people )distributes most of the income it receives from its mining interests as dividends to unit-holders. Based on annualizing the most recent payout, Fording yields 17.3%. But if you figure yield by totaling the past 12 months of payouts, the stock yields a lower 7.5%. Fordingâs payout ratio is 48%"
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