Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM, As a new subscriber, can you advise what the expected upcoming dividends will be based on consensus forecasts for Fortescue (FMG), Magellan (MFG) and Woodside (WDS). If I were to buy one (possibly 2) of these for their growth prospects (plus dividends), which would be preferred? Regards, Peter
Hi Peter,
Fortescue (FMG) is tipped to pay 88c FF for the half, Woodside (WDS) 90c FF & Magellan (MFG) 30.5c FF.
We have a preference for FMG – we bought it this week for the Income Portfolio + Magellan (MFG) which we own, though we do also think WDS is not a bad option at current levels.
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