Business
Broker forecasts massive dividends from Fortescue (ASX:FMG) shares – The Motley Fool Australia
Fortescue Metals Group Limited (ASX:FMG) shares could provide investors with massive dividends over the next couple of years…
The Fortescue Metals Group Limited(ASX: FMG) share price has been out of form recently.
Due to a pullback in iron ore prices, the mining giants shares have lost approximately 6% of their value since this time last week.
Is this a buying opportunity?
According to a note out of Bell Potter from last week, Fortescues shares could be worth a look if youre an income investor. This is because its analysts are forecasting massive dividend yields in FY 2021 and FY 2022.
Bell Potter currently has a hold…
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