FDG -- am I seeing this right?

Discussion in 'Stocks' started by drukes1234, Nov 11, 2005.

  1. Am I seeing the right numbers for FDG dividend? Almost an 18% yield?
  2. MTE


  3. 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.
  4. "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%. Fording’s payout ratio is 48%"