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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

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The Fortescue Metals share price just hit a new record high

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 »


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Top brokers have named Fortescue Metals Group Limited (ASX:FMG) and these ASX shares as sells for next week. Here's why they are bearish... More »


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These were the best performing shares on the ASX 200 in July

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 »


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The Fortescue Metals Group Limited (ASX: FMG) share price has rocketed to a new all-time high. Is it too expensive to buy right now? More »


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Why Fortescue and these ASX 200 shares are at record highs

Here's why Fortescue Metals Group Limited (ASX:FMG) and these ASX 200 shares are trading at record highs right now... More »


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ASX 200 rises 0.75%, Fortescue impresses and Macquarie remains robust

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 »


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ASX 200 jumps 0.7%: Fortescue impresses, Macquarie’s tough Q1, big four banks rise

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 »


FAQ

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.