Fortescue Metals Group Limited (ASX: FMG) Share Price and News
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Fortescue Metals Group Ltd (FMG) is an iron ore production and exploration company with assets located in the Pilbara region of Western Australia. It is the fourth largest iron ore producer in the world after BHP Billiton, Rio Tinto, and Vale.
As one of the world’s largest iron ore producers, Fortescue owns and operates integrated operations spanning two iron ore mine hubs, the five-berth Herb Elliott Port and Judith Street Harbour towage facility in Port Hedland and the fastest heavy haul railway in the world.
Fortescue was first publicly listed in 1987, and is now ranked as one of the largest companies on the ASX.
Fortescue Metals Group Limited (ASX: FMG) Latest News
James Mickleboro | August 4, 2020 12:41pm
Crown Resorts Ltd (ASX:CWN) and Nearmap Ltd (ASX:NEA) shares are two of four storming notably higher on Tuesday. Here's why... More »
James Mickleboro | August 3, 2020 3:39pm
The Fortescue Metals Group Limited (ASX:FMG) share price has continued its charge and hit a new record high on Monday. Here's why... More »
Kate O'Brien | August 3, 2020 9:26am
July was a shaky month for the ASX 200 but there were some outperformers. We take a look at the top performing ASX 200... More »
Kate O'Brien | August 3, 2020 8:33am
The S&P/ASX 200 ended July 29.9 points down. Here we take a look at the worst performing ASX 200 shares for the month. More »
James Mickleboro | August 2, 2020 9:04am
Netwealth Group Ltd (ASX:NWL) and Fortescue Metals Group Limited (ASX:FMG) shares were among the best performers on the ASX 200 in July... More »
James Mickleboro | August 1, 2020 9:01am
Here's why I think Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares are among the best on offer on the ASX right now... More »
James Mickleboro | July 31, 2020 8:44am
Here's why Fortescue Metals Group Limited (ASX:FMG) and these ASX 200 shares are trading at record highs right now... More »
Tristan Harrison | July 30, 2020 5:23pm
The S&P/ASX 200 Index (ASX:XJO) went up 0.65% today. Updates from Fortescue (ASX:FMG) and Macquarie (ASX:MQG) impressed the market. More »
James Mickleboro | July 30, 2020 12:06pm
Fortescue Metals Group Limited (ASX:FMG) and Macquarie Group Ltd (ASX:MQG) shares are on the move on the ASX 200 on Thursday. Here's why... More »
Will Fortescue Metals Group pay a dividend in 2020?
Fortescue typically pays twice-yearly, fully franked dividends in early April and October each year. Most recently, the company paid an interim dividend of 76 cents per share on 4 April 2020 and a final dividend of 24 cents per share on 2 October 2019. Fortescue has a policy of returning 50%-80% of its net profit after tax to shareholders in the form of dividends.
Does Fortescue Metals Group offer a DRP?
Yes. Fortescue offers shareholders residing in Australia and New Zealand the option of either full or partial participation in its dividend reinvestment plan.