Financial markets are really just large bucket shops so you can always predict what is coming at certain points of the cycle. For mining, the cycle peak is always marked by the “dividends are sustainable” pitch, via AFR:
Fortescue Metals’ dividend policy is “definitely sustainable” says chief executive Elizabeth Gaines as the iron ore miner enters a three year period in which it will spend $US3.37 billion ($5 billion) on new mines and is due to repay $US2.15 billion of debt.
…”We think that dividend policy is definitely sustainable,” she said.
