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Forrest’s $2.3b payout, Fortescue’s second-biggest profit

Peter Ker

Fortescue chairman and major shareholder Andrew Forrest will take home more than $2.34 billion worth of dividends for the past year after the iron ore miner announced better-than-expected profits and dividends.

Fortescue shareholders will receive a $1.21 per share final dividend after a $US6.19 billion ($9 billion) profit.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5bdgr