Fortescue Ltd (ASX: FMG) Share Price and News

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Fortescue Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $51.57 billion
P/E Ratio 12.81
Dividend Yield 6.46%
Shares Outstanding 3.08 billion
Earnings per share 0.931
Dividend per share 1.08
Year To Date Return -19.13%
Earnings Yield 7.81%
Franking 100%
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  • Fortescue Ltd (ASX: FMG)
    Latest News

    A man casually dressed looks to the side in a pensive, thoughtful manner with one hand under his chin, and holding a mobile phone in his other hand.
    Dividend Investing

    Fortescue vs Commonwealth Bank: Which is best for passive income?

    Which is better for passive income: Fortescue’s big mining yield or CBA’s banking dependability? My verdict based on the latest…

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    A woman wearing glasses and a black top smiles broadly as she stares at a money yarn full of coins.
    Dividend Investing

    3 ASX dividend shares offering gross yields of 8% or more

    Don't just look for fat yields today, find shares that can keep cash flowing tomorrow.

    Read more »

    Mining workers in high vis vests and hard hats discuss plans for the mining site they are at as heavy equipment moves earth behind them, representing opportunities among ASX 200 shares as nominated by top broker Macquarie
    Resources Shares

    Woodside Energy vs Fortescue: Which ASX mining share is best for passive income?

    Comparing Woodside and Fortescue for passive income: yield, reliability, and share price momentum.

    Read more »

    Lawyers providing legal advice to clients.
    Resources Shares

    Fortescue shares break a 4-day losing streak as $150 million legal fight heats up

    Fortescue shares are in the green after a rough run.

    Read more »

    Sell written several times on board.
    Broker Notes

    Sell alert! Why this expert is calling time on Boss Energy and Fortescue shares

    A leading expert forecasts further headwinds for Boss Energy and Fortescue shares.

    Read more »

    An ASX 200 market analyst holds his hand to his chin and looks closely at his computer screens watching share price movements
    52-Week Lows

    Fortescue shares just hit a 52-week low. Could $16 be next?

    Fortescue shares are down 25% this year. Is the bottom close?

    Read more »

    Frustrated man looking exhausted while sitting at his desk with his laptop and carrying his glasses in his hand.
    Broker Notes

    Experts name CBA and these big-name ASX 200 shares as sells this week

    Let's see why they are bearish on these popular names.

    Read more »

    A woman standing on the street looks through binoculars.
    Broker Notes

    Buy, hold, sell: Corporate Travel Management, Wesfarmers, Fortescue shares

    ASX 200 shares fell heavily amid soaring oil prices and bond yields last week.

    Read more »

    Two miners at a mine site on their tablets, with mining machinery behind them.
    Resources Shares

    $10,00 invested in Rio Tinto and Fortescue shares 3 years ago is now worth…

    Here’s how the three-returns from a $10,000 investment in Rio Tinto and Fortescue shares compare.

    Read more »

    Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
    Superannuation

    How much superannuation do I need to earn $80,000 per year in passive income?

    What targets do you need to achieve this goal?

    Read more »

    Two people wearing hard hats talking with each other at a mine site, with two workers in the background.
    Materials Shares

    Iron ore is back below US$100. Are BHP and Rio Tinto shares still buys?

    Copper is carrying BHP now, not iron ore.

    Read more »

    Female miner standing next to a haul truck in a large mining operation.
    Dividend Investing

    How many Fortescue shares do I need to buy to earn $1,000 per month in passive income?

    The ASX mining giant pays dividends to its shareholders every six months.

    Read more »

    Frequently Asked Questions

    Fortescue Metals traditionally pays twice-yearly, fully franked dividends, usually in February/March and September/October each year. The miner has a policy of returning 50%-80% of its net profit after tax to shareholders as dividends.

    Yes. Fortescue offers shareholders residing in Australia and New Zealand the option of either full or partial participation in its dividend reinvestment plan.

    Fortescue listed on the ASX on 19 March 1987.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    01 Sep 2026 $0.4600 100.00% Final 29 Sep 2026
    02 Mar 2026 $0.6200 100.00% Interim 30 Mar 2026
    01 Sep 2025 $0.6000 100.00% Final 26 Sep 2025
    26 Feb 2025 $0.5000 100.00% Interim 27 Mar 2025
    04 Sep 2024 $0.8900 100.00% Final 27 Sep 2024
    28 Feb 2024 $1.0800 100.00% Interim 27 Mar 2024
    04 Sep 2023 $1.0000 100.00% Final 28 Sep 2023
    27 Feb 2023 $0.7500 100.00% Interim 29 Mar 2023
    05 Sep 2022 $1.2100 100.00% Final 29 Sep 2022
    28 Feb 2022 $0.8600 100.00% Interim 30 Mar 2022
    06 Sep 2021 $2.1100 100.00% Final 30 Sep 2021
    01 Mar 2021 $1.4700 100.00% Interim 24 Mar 2021
    31 Aug 2020 $1.0000 100.00% Final 02 Oct 2020
    02 Mar 2020 $0.7600 100.00% Interim 06 Apr 2020
    02 Sep 2019 $0.2400 100.00% Final 02 Oct 2019
    22 May 2019 $0.6000 100.00% Special Cash 14 Jun 2019
    28 Feb 2019 $0.1100 100.00% Special Cash 22 Mar 2019
    28 Feb 2019 $0.1900 100.00% Interim 22 Mar 2019
    31 Aug 2018 $0.1200 100.00% Final 02 Oct 2018
    01 Mar 2018 $0.1100 100.00% Interim 05 Apr 2018
    01 Sep 2017 $0.0000 100.00% Final 03 Oct 2017
    02 Mar 2017 $0.2000 100.00% Interim 06 Apr 2017
    02 Sep 2016 $0.1200 100.00% Final 04 Oct 2016
    02 Mar 2016 $0.0300 100.00% Interim 07 Apr 2016
    01 Sep 2014 $0.1000 100.00% Final 03 Oct 2014
    27 Feb 2014 $0.1000 100.00% Interim 02 Apr 2014
    02 Sep 2013 $0.1000 100.00% Final 04 Oct 2013
    07 Mar 2012 $0.0400 100.00% Interim 02 Apr 2012
    05 Sep 2011 $0.0400 100.00% Final 30 Sep 2011
    08 Mar 2011 $0.0210 0.00% Interim 31 Mar 2011

    FMG ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Fortescue Ltd

    Fortescue Metals Group Limited (ASX: FMG) is an iron ore production and exploration company in the Pilbara region of Western Australia. It is the fourth largest iron ore producer in the world after BHP, Rio Tinto, and Brazilian mining giant, Vale.

    As one of the world's largest iron ore producers, Fortescue owns and operates integrated operations spanning the Chichester, Solomon, and Western mining 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.

    FMG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    22 Sep 2026 $16.75 $0.03 0.18% 4,872,881 $16.82 $16.86 $16.73
    21 Sep 2026 $16.72 $-0.01 -0.06% 3,166,913 $16.58 $16.77 $16.57
    18 Sep 2026 $16.73 $-0.02 -0.12% 17,077,812 $16.92 $16.93 $16.66
    17 Sep 2026 $16.75 $0.21 1.27% 7,506,624 $16.80 $16.80 $16.56
    16 Sep 2026 $16.54 $0.32 1.97% 6,824,859 $16.31 $16.54 $16.14
    15 Sep 2026 $16.22 $-0.31 -1.88% 7,886,603 $16.35 $16.48 $16.21
    14 Sep 2026 $16.53 $-0.14 -0.84% 4,908,572 $16.75 $16.84 $16.53
    11 Sep 2026 $16.67 $-0.52 -3.03% 6,522,564 $16.77 $17.05 $16.67
    10 Sep 2026 $17.19 $-0.42 -2.39% 5,905,513 $17.40 $17.40 $17.05
    09 Sep 2026 $17.61 $0.08 0.46% 5,891,311 $17.72 $17.91 $17.52
    08 Sep 2026 $17.53 $-0.24 -1.35% 5,227,548 $17.79 $17.84 $17.38
    07 Sep 2026 $17.77 $0.55 3.19% 9,190,043 $17.37 $17.88 $17.26
    04 Sep 2026 $17.22 $0.27 1.59% 8,056,037 $17.29 $17.38 $17.09
    03 Sep 2026 $16.95 $0.34 2.05% 10,452,946 $16.86 $17.12 $16.80
    02 Sep 2026 $16.61 $-0.80 -4.60% 12,267,282 $17.47 $17.47 $16.57
    01 Sep 2026 $17.41 $-0.29 -1.64% 5,741,042 $17.20 $17.49 $17.10
    31 Aug 2026 $17.70 $-0.37 -2.05% 12,894,255 $18.10 $18.10 $17.67
    28 Aug 2026 $18.07 $0.37 2.09% 7,467,609 $17.95 $18.12 $17.71
    27 Aug 2026 $17.70 $0.15 0.85% 7,784,449 $17.55 $17.74 $17.49
    26 Aug 2026 $17.55 $-0.16 -0.90% 7,943,349 $17.76 $17.81 $17.46
    25 Aug 2026 $17.71 $-0.22 -1.23% 5,946,312 $17.89 $17.99 $17.70

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    21 Aug 2026 Mark Barnaba Buy 334 $6
    On-market trade.
    21 Aug 2026 Larry Marshall Buy 5,711 $102,678
    On-market trade.
    21 Aug 2026 Usha Rao-Monari Buy 334 $6,005
    On-market trade.
    04 May 2026 Elizabeth Gaines Transfer 341,294 $6,801,989
    Off-market transfer.
    04 May 2026 Elizabeth Gaines Sell 275,000 $5,493,686
    On-market trade.
    04 May 2026 Elizabeth Gaines Transfer 341,294 $6,801,989
    Off-market transfer. Assuming off market transfer
    30 Mar 2026 Larry Marshall Buy 895 $17,230
    Dividend Reinvestment Plan (DRP).
    30 Mar 2026 Mark Barnaba Buy 19 $365
    Dividend Reinvestment Plan (DRP).
    30 Mar 2026 Mark Barnaba Buy 1,455 $28,011
    Dividend Reinvestment Plan (DRP).
    26 Feb 2026 Mark Barnaba Buy 288 $5,998
    On-market trade.
    26 Feb 2026 Larry Marshall Buy 4,930 $102,687
    On-market trade.
    26 Feb 2026 Usha Rao-Monari Buy 287 $5,977
    On-market trade.
    26 Sep 2025 Larry Marshall Buy 707 $13,308
    Dividend Reinvestment Plan (DRP).
    26 Sep 2025 Mark Barnaba Buy 10 $188
    Dividend Reinvestment Plan (DRP).
    26 Sep 2025 Mark Barnaba Buy 1,396 $26,277
    Dividend Reinvestment Plan (DRP).

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr John (Andrew) Henry Forrest Non-Executive ChairmanNon-Executive Director Jul 2003
    Dr Forrest AO is an entrepreneur, scientist and business leader in fossil fuel use, green energy, and addressing humanitys with data and science-driven solutions. In 2003, Dr Forrest founded Fortescue.
    Ms Penelope (Penny) Bingham-Hall Non-Executive Director Nov 2016
    Ms Bingham-Hall has over 30 years experience in executive and non-executive roles in ASX-listed companies. She is Co-Chair of Supply Nation and is also the Deputy Chair of both the Advisory Council of the Climate Governance Initiative, Australia and the Salaam Foundation. Ms Bingham-Hall has worked in the construction, infrastructure, mining and property industries across Australia and Asia. Prior to becoming a company director, Ms Bingham-Hall was Executive General Manager, Strategy at Leighton Holdings (now CIMIC) Australia construction, mining services and property group. As part of the leadership team at Leighton, she had responsibilities across the groups Australian and Asian operations. She is a former chair and director of Vocus Group and former director of Dexus Property Group, BlueScope Steel Limited, Australia Post, Port Authority of NSW and Macquarie Specialized Asset Management. Ms Bingham Hall was also Chair of Taronga Conservation Society Australia, the NSW Freight and Logistics Advisory Council, the inaugural Chair of Advocacy Services Australia, Deputy Chair and Life Member of the Tourism & Transport Forum and a director of Infrastructure Partnerships Australia, SCEGGS Darlinghurst Limited and the Global Foundation. She is also chairs the people committee.
    Ms Yasmin Broughton Non-Executive Director Jul 2025
    Ms Broughton is a non-executive director and corporate lawyer with more than 25 years advising, and governing ASX-listed and private companies across the mining, energy and natural resources sectors. She brings expertise in mergers and acquisitions, major strategic transactions, governance, risk management, regulation and stakeholder engagement. Ms Broughton is also a Non-Executive Director of Greatland Resources Limited, where she chairs the Remuneration and Nomination Committee. She previously held the roles of General Counsel and Company Secretary of Alinta Limited. As Executive Chair of VOC Group. She is also a member of People committee.
    Lord Sebastian Coe Non-Executive Director Feb 2018
    Mr Coe currently serves as Non-Executive Director of Allwyn Entertainment AG. He was elected President of the International Association of Athletics Federations in 2015 (now World Athletics). Lord Coe is currently serving his third and final term as President. He was elected as a member of the International Olympic Committee in 2020 and became a director of the British Olympic Association at that time, having previously served as Chairman of the British Olympic Association from 2012 to 2016. Lord Coe previously served as Chairman of the Organizing Committee for the London 2012 Olympic Games and Paralympic Games. In 1992, Lord Coe became a Member of Parliament and during his political career served as a Government Whip and then Private Secretary to William Hague, Leader of the Opposition and Leader of the Conservative Party. He was appointed to The House of Lords in 2000 having resigned in 2022. In 2017, he became Chancellor of Loughborough University having previously served as Pro Chancellor of the University. He is a member of people committee.
    Mr Mark Bradley Barnaba Non-Executive DirectorLead Independent DirectorNon-Executive Deputy Chairman Feb 2010
    Mr Barnaba is co-Chair of the University of Western Australia Business School Board. Mr Barnaba brings an international experience as an entrepreneur, corporate advisor and independent director for organisations across the finance, technology, infrastructure, natural resources, sports administration and education sectors. Mr Barnaba was previously on the Board of Australias central bank, the Reserve Bank of Australia (RBA), for two terms, and is a former Chairman of the Audit Committee of the RBA. He has previously chaired several publicly listed Australian companies within the mining and infrastructure sectors along with chairing non-profit organisations and was a former Chairman of the State Theatre Company of Western Australia, the West Coast Eagles (AFL team) and Williams Advanced Engineering (UK-based offshoot of the Williams F1 team). He also held several senior executive roles at Macquarie Group (including as Chairman and Global Head of the Natural Resources Group). He previously worked at McKinsey & Company in their London, Johannesburg and Sydney offices. Mr Barnaba was the inaugural Chairman of the University of Western Australia Business School Board from 2002 to 2020 and currently serves as an Adjunct Professor in Finance. He also chairs the Finance and Risk Management Committee
    Dr Larry Marshall Non-Executive Director Aug 2023
    Dr Marshall currently serves on the boards of Fortescue Ltd, Nano sonics Limited, and Great Barrier Reef Foundation and is the Chancellor (Interim) of the Australian National University and also serves on the advisory board of Infleqtion, Inc (NYSE: INFQ). He formerly chaired the American Chamber of Commerce and is the serving Chief Executive of CSIRO. Dr Marshall worked in the United States for 26 years, was Chief Executive of six companies in Biotech, Telecom, Semi, & Venture Capital. He is also a member of Finance and Risk Management Committee.
    Dr Jean Baderschneider Non-Executive Director Jan 2015
    Dr Baderschneider brings over 35 years of international experience in supply chain operations and procurement, strategic sourcing and logistics management. She also has global experience in safety, security and environmental operations and sustainability stewardship. Dr Baderschneider retired from ExxonMobil in 2013 where she was Vice-President of Global Procurement. A past member of the Board of Directors of the Institute for Supply Management and the Executive Board of the National Minority Supplier Development Council, Dr Baderschneider also served on the boards of The Center of Advanced Purchasing Studies and the Procurement Council of both The Conference Board and the Corporate Executive Board. Dr Baderschneider is also the President of the Board of Trustees of The President Lincolns Cottage and a member of the Abraham Lincoln National Council of Ford Theatre. In addition, she is on the Board of Directors of the Nizami Ganjavi International Center, the Board of Directors of the McCain Institute and is a Commissioner on the United Nations and Liechtenstein Financial Sector Commission on Modern Slavery. With nearly 20 years of experience working on anti-human trafficking efforts globally, she served on the Board of Directors of Polaris, made in a Free World and Verite and is a Founding Board member and Chair of the Global Fund to End Modern Slavery. Dr Baderschneider was a Presidential appointee to the US Department of Commerce National Advisory Council on Minority Business Enterprises. She chairs the Safety and Sustainability Committee and also a member of Finance and Risk Management Committee.
    Ms Yifei Li Non-Executive Director Aug 2022
    Ms Li is the President of the Li Qibin Foundation and currently serves on the board of BlackRock China. Ms Li was a Global Trustee of the Rockefeller Foundation and was an Independent Board member of GAVI (The Global Alliance for Vaccines and Immunization) from 2011 to 2018. She was formerly the Country Chair for Man Group in China. Before joining Man Group, Ms Li had over 18 years of senior management experience. She is a member of Safety and Sustainability Committee.
    Ms Usha Rao-Monari Non-Executive Director Jan 2024
    Ms Rao Monari is a infrastructure investment professional with over 30 years of experience investment platforms and departments within asset investment and management organizations. She has held various leadership positions such as Under Secretary General, United Nations, Senior Advisor to Blackstone Infrastructure Partners, Chief Executive Officer of Global Water Development Partners, and Director at the International Finance Corporation. Ms Rao-Monari currently serves as the Chair of the Voluntary Carbon Markets Integrity Initiative, Chair of HMKLIII JET Limited, Member of the Audit and Advisory Committee of UNOPS, Member of the International Advisory Panel on Carbon Credits, Singapore, and Member of the Advisory Committee for the New Economy Unit of EY. She also was Member of the Environmental Steering Committee for NEOM, Saudi Arabia and Commissioner of Global Commission on the Economics of Water, Netherlands. Ms Rao-Monari has also been involved in several global initiatives and partnerships on water resources, clean energy, resource efficiency and environmental issues such as the 2030 Water Resources Group, the World Economic Forum Global Agenda and Future Councils and the CDP North America. She is also a member of Finance and Risk Management Committee.
    Mr Noel Pearson Non-Executive Director Aug 2024
    Mr Pearson comes from the Guugu Yimithirr community of Hope Vale, on southeastern Cape York Peninsula. For over 30 years Mr Pearson has pursued land rights and socioeconomic development outcomes for Cape York. He is the Founder of Cape York Partnership a nonprofit Indigenous organization working in the areas of policy, empowerment, health, language and culture, and Good to Great Schools Australia. Mr Pearson served as a member of the Expert Panel on Constitutional Recognition of Indigenous Australians and the Referendum Council and continues to advocate for structural reforms to empower Indigenous people. He is also a member of Safety and Sustainability Committee.
    Mr Noel Quinn Non-Executive Director Mar 2025
    Mr Quinn brings over 37 years experience in finance and corporate banking following his career with HSBC and its predecessor organizations. He began his career in 1987 with Forward Trust Group, the leasing subsidiary of Midland Bank (now HSBC UK), and built his career in corporate and commercial banking. He held several leadership roles with HSBC across the UK and Asia, including Regional Head of Commercial Banking for Asia-Pacific and Chief Executive of Global Commercial Banking, before becoming Group CEO in 2019. He is also the Chair of Julius Baer, the Swiss-based international private banking group. He is also a member of Finance and Risk Management Committee.
    Ms Sigrid Kaag Non-Executive Director Aug 2026
    Ms Kaag brings more than 35 years of experience in international affairs, trade and finance at national and international levels of leadership. She has served in senior roles in national Government, including First Deputy Prime Minister and Minister of Finance of the Netherlands, as well as Minister for Foreign Trade and Development Cooperation and Minister of Foreign Affairs. She also served in several senior leadership positions at the United Nations, including as UN Secretary General for the Middle East Peace Process as well as the Gaza Crisis. Ms Kaag has experience in European decision-making, risk and crisis management, and sustainable finance. She has also held advisory and governance roles with international financial institutions and organisations focused on climate transition and investment.
    Mr Dino Otranto Chief Executive Officer Aug 2023
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    Ms Navdeep(Mona) Gill Company Secretary Jul 2024
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    Apple Paget CFO
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    Dino Otranto Chief Executive Officer
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    Navdeep(Mona) Gill Company Secretary
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    Gus Pichot Other Executive Officer
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Citicorp Nominees Pty Limited 1,089,634,200 35.39%
    HSBC Custody Nominees (Australia) Limited 540,221,577 17.55%
    JP Morgan Nominees Australia Pty Limited 233,001,887 7.57%
    Valin Investments (Singapore) Pte Ltd 228,007,497 7.41%
    Tattarang Pty Ltd as Trustee for the Peepingee Trust 176,522,507 5.73%
    Emichrome Pty Ltd 93,045,000 3.02%
    Mutual Trust Pty Ltd 50,249,555 1.63%
    BNP Paribas Noms Pty Ltd 46,590,079 1.51%
    Valin Resources Investments (Singapore) Pte Ltd 37,876,216 1.23%
    Pacific Custodians Pty Limited (FMG Plans Ctrl)i 24,917,711 0.81%
    Citicorp Nominees Pty Limited (Citibank NY ADR Dep A/C) 24,042,795 0.78%
    BNP Paribas Nominees Pty Ltd (Agency Lending A/C) 19,493,155 0.63%
    Pacific Custodians Pty Limited (Employee Share Tst) 16,596,648 0.54%
    HSBC Custody Nominees (Australia) Limited (NT Commwlth Super Corp A/C) 12,581,797 0.41%
    BNP Paribas Nominees Pty Ltd (Clearstream) 12,528,895 0.41%
    Invia Custodian Pty Limited (William Graeme Rowley A/C) 8,244,951 0.27%
    HSBC Custody Nominees (Australia) Limited (GSCO Customers A/C) 4,091,605 0.13%
    Pacific Custodians Pty Limited (Employee Share Tst)ii 4,061,176 0.13%
    Mr John William Cunningham 4,000,000 0.13%
    Netwealth Investments Limited (Wrap Services A/C) 3,374,164 0.11%

    Profile

    since

    Note