Fortescue Metals Group Ltd (ASX: FMG) Share Price and News

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Fortescue Metals Group Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $47.02 billion
P/E Ratio 3.36
Dividend Yield 23.44%
Shares Outstanding 3.08 billion
Earnings per share 3.333
Dividend per share 4.22
Year To Date Return -19.55%
Earnings Yield 29.73%
Franking 100%
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as at 24 Feb 3:44pm

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Fortescue Metals Group Ltd (ASX: FMG)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
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 $0.2500 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
03 Sep 2015 $0.0200 100.00% 05 Oct 2015
02 Mar 2015 $0.0300 100.00% 07 Apr 2015
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 $0.0300 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 Metals Group Ltd

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.

FMG Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
17 Sep 2021 $15.27 $-1.98 -11.48% 44,821,396 $15.98 $16.11 $15.18
16 Sep 2021 $17.25 $-0.57 -3.20% 14,657,718 $17.80 $17.97 $17.15
15 Sep 2021 $17.82 $-0.26 -1.44% 12,538,091 $17.98 $18.00 $17.67
14 Sep 2021 $18.08 $-0.33 -1.79% 11,389,377 $18.50 $18.50 $17.99
13 Sep 2021 $18.41 $0.14 0.77% 12,943,339 $18.46 $18.85 $18.29
10 Sep 2021 $18.27 $0.46 2.58% 12,588,823 $18.04 $18.38 $17.91
09 Sep 2021 $17.81 $-0.11 -0.61% 11,869,917 $17.94 $17.98 $17.66
08 Sep 2021 $17.92 $-0.07 -0.39% 11,723,851 $17.94 $18.17 $17.81
07 Sep 2021 $17.99 $-0.58 -3.12% 18,525,783 $18.43 $18.48 $17.72
06 Sep 2021 $18.57 $-2.28 -10.94% 15,153,143 $18.74 $19.17 $18.50
03 Sep 2021 $20.85 $0.14 0.68% 14,705,584 $20.90 $20.98 $20.57
02 Sep 2021 $20.71 $0.38 1.87% 11,785,809 $20.40 $20.77 $20.19
01 Sep 2021 $20.33 $-0.67 -3.19% 15,197,817 $20.40 $20.68 $20.07
31 Aug 2021 $21.00 $-0.32 -1.50% 15,817,263 $21.50 $21.70 $20.96
30 Aug 2021 $21.32 $1.32 6.60% 14,164,651 $21.00 $21.37 $20.79
27 Aug 2021 $20.00 $0.00 0.00% 7,995,736 $20.00 $20.13 $19.81
26 Aug 2021 $20.00 $-0.28 -1.38% 9,747,557 $20.61 $20.62 $19.97
25 Aug 2021 $20.28 $0.52 2.63% 11,536,063 $20.52 $20.67 $20.21
24 Aug 2021 $19.76 $0.27 1.39% 16,158,622 $19.60 $19.82 $19.42
23 Aug 2021 $19.49 $-0.87 -4.27% 14,517,079 $20.56 $20.62 $19.30
20 Aug 2021 $20.36 $0.23 1.14% 15,388,343 $19.90 $20.55 $19.80
19 Aug 2021 $20.13 $-1.32 -6.15% 17,210,705 $20.73 $20.78 $19.93

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
08 Sep 2021 Elizabeth Gaines Sell 113 $2,042,694
On-market trade.
08 Sep 2021 Elizabeth Gaines Expiry 583 $10,458,721
As advised by the company. 514,057 - Performance Rights
Lapse of 504,107 FY2019 LTIP Performance & Lapse of 79,527 FY2021 ESSIP Performance Rights
06 Sep 2021 Elizabeth Gaines Buy 113 $2,116,868
Conversion of securities.
06 Sep 2021 Elizabeth Gaines Exercise 113 $2,116,868
Conversion of securities. 1,097,691 - Performance Rights
02 Sep 2021 Jennifer Morris Buy 295 $5,994
On-market trade.
26 Mar 2021 John (Andrew) Forrest Buy 10 $193,271,523
On-market trade.
26 Mar 2021 John (Andrew) Forrest Sell 800 $16,120,000
As advised by the company. In relation to the disposal of shares: Vertical Nominees Pty Ltd is no longer trustee for the VN2 Unit Trust and therefore is no longer the registered holder of those shares on behalf of
the VN2 Unit Trust.
24 Mar 2021 Jennifer Morris Issued 986 $21,629
Dividend Reinvestment Plan (DRP).
23 Feb 2021 Jennifer Morris Buy 1 $29,987
On-market trade.
18 Nov 2020 Elizabeth Gaines Issued 291 $4,925,107
Issue of securities. 1,211,685 - Performance Rights
02 Oct 2020 Penelope (Penny) Bingham-Hall Issued 2 $45,410
Dividend Reinvestment Plan (DRP).
02 Oct 2020 Jennifer Morris Issued 716 $12,770
Dividend Reinvestment Plan (DRP).
30 Sep 2020 John (Andrew) Forrest Buy 6 $97,082,411
On-market trade.

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
In 2001, Dr Forrest co-founded Minderoo Foundation with his wife Nicola and to date they've donated more than US$1.6 billion supporting 300+ initiatives addressing modern slavery, ocean health, cancer, Indigenous disparity, childhood development, artificial intelligence, disaster resilience and plastic waste. Dr Forrest is Co-Chair of the Australia-China Senior Business Leaders' Forum, Global Patron of the Centre for Humanitarian Dialogue, and served as a Councillor of the Global Citizen Commission charged by the United Nations in 2016 to modernise the 1948 Universal Declaration of Human Rights. In 2017, Dr Forrest was appointed an Officer of the Order of Australia (AO) for distinguished service to philanthropy, mining, employment and sustainable
foreign investment. "

Ms Penelope (Penny) Bingham-Hall Non-Executive Director Nov 2016
Ms Bingham-Hall has over 30 years' experience in senior executive and non-executive roles in large ASX listed companies and is currently a NonExecutive Director of BlueScope Steel Limited, Dexus Property Group and Vocus Group. Ms Bingham-Hall is also Chair of Taronga Conservation Society Australia and the NSW Ministerial Freight and Logistics Advisory Council and is a Board member of Supply Nation and the Crescent Foundation. Ms Bingham-Hall has worked in the construction, infrastructure, mining and property industries across Australia and the Asian region. She has a particular interest in environmental sustainability, workplace safety and Indigenous employment. Prior to becoming a company director, Ms Bingham-Hall was Executive General Manager, Strategy at Leighton Holdings (now CIMIC) - Australia's largest construction, mining services and property group. As part of the leadership team at Leighton, she had responsibilities across the group's Australian and Asian operations.
Lord Sebastian Coe Non-Executive Director Feb 2018
Mr Coe is currently a senior advisor with Morgan Stanley & Co International plc and a Non-Executive Director of the Vitality Group of health and life insurance companies. In 2017, he became Chancellor of Loughborough University having previously served as Pro Chancellor of the University. Based in the United Kingdom, Mr Coe is the Non-Executive Chairman of CSM Sport and Entertainment, within the Chime Communications group. He was elected President of the International Association of Athletics Federations (IAAF) in 2015 (now World Athletics) where he is driving significant governance reforms through the organisation and its 214 Member Federations around the world. He is currently serving his second 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. He was Chairman of the Organising Committee for the London 2012 Olympic Games and Paralympic Games. He was a member of the British athletics team at the 1980 and 1984 Olympic Games where he won two gold and two silver medals, as well as breaking twelve world records. In 1992, he 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.
Mr Mark Bradley Barnaba Non-Executive DirectorLead Independent DirectorNon-Executive Deputy Chairman Feb 2010
Mr Barnaba is a career investment banker, having focused predominantly in the natural resources sector. Mr Barnaba spent most of his career with companies he founded, led and then sold - GEM Consulting and Azure Capital (both independent corporate advisory firms which provide financial, corporate and strategic advice to companies, governments and institutions in the Asia-Pacific region), McKinsey & Company (both in Australia and overseas) and in several senior executive roles at Macquarie Group (one being the Chairman and Global Head of the Natural Resources Group). He has previously chaired the Black Swan State Theatre Company of Western Australia, the West Coast Eagles (an Australian Rules Football League team) and several large publicly listed (ASX) companies in the mining and infrastructure sectors. Mr Barnaba is also a member of the Board (and Chairman of the Audit Committee) of the Reserve Bank of Australia and was the inaugural Chairman of the University of Western Australia Business School Board from 2002 to 2020. He now holds the title of (inaugural) Emeritus Board Member, also serving as an Adjunct Professor in Finance. Mr Barnaba also chairs GLX (a specialist technology company that develops software-based marketplace solutions for commodity markets) and the Hospital Benefit Fund (HBF) Investment Committee, is a member of the Senior Advisory Board of Appian Capital (a London-based pure-play mining private equity fund), is a member of the Board of the Centre for Independent Studies and is a senior fellow at EY (Oceania).
Ms Elizabeth Anne Gaines Executive DirectorChief Executive Officer Feb 2013
A highly experienced business leader with international experience as a Chief Executive Officer and group executive, Ms Gaines has a track record in financial and operational leadership. After joining Fortescue as a Non-Executive Director in February 2013, Ms Gaines was appointed Chief Financial Officer and Executive Director in February 2017. She is a former Chief Executive Officer of Helloworld Limited and Heytesbury Pty Limited and has also held the position of Chief Financial Officer at Stella Group and Entertainment Rights plc. Ms Gaines was ranked second in the 2019 Fortune Magazine's Businessperson of the Year, and in 2020 the Chamber of Minerals and Energy of Western Australia awarded her the 'Women in Resources Champion' at the annual Women in Resources Awards. She has significant exposure to the impact of the growth in Asian economies, particularly China, on the Australian business environment and economy as well as a deep understanding of all aspects of financial and commercial management at a senior executive level in both listed and private companies.
Dr Jean Baderschneider Non-Executive Director Jan 2015
Dr Baderschneider brings 35 years of extensive international experience in procurement, strategic sourcing and supply chain management along with a deep understanding of high-risk operations and locations and complex partnerships. Dr Baderschneider retired from ExxonMobil in 2013 where she was Vice-President of Global Procurement. During her 30-year career, she was responsible for operations all over the world, including Africa, South America the Middle East and Asia. 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. She was a Presidential appointee to the US Department of Commerce's National Advisory Council on Minority Business Enterprises and is a past recipient of Cornell's Jerome Alpern Award and Nomi Network's Corporate Social Responsibility Award.
Ms Jennifer Morris Non-Executive Director Nov 2016
Ms Morris is a corporate executive and non-executive director, with key experience in advising corporations and government entities on strategy development, governance controls, complex large-scale business transformation, human capital-related work, the embedding of environment, social and governance-related policies and the understanding of high-performance environments learned during her varied career, including elite sport. Ms Morris is a Non-Executive Director of Sandfire Resources and is also a member of the Risk Committee and People and Performance Committees. Ms Morris is also a Director on the Australian Sports Commission. Previously, Ms Morris was CEO of Walk Free, a global human rights organisation, and a senior executive of Andrew and Nicola Forrest's Minderoo Foundation. She is a former Partner of global professional services firm Deloitte and also served as Chair of Healthway and a Director of AFL club, the Fremantle Dockers. Ms Morris is also a former member of the Australian Women's Hockey Team, in which she won Olympic gold medals at the Atlanta 1996 and Sydney 2000 Olympic Games. In 1997, she was awarded a Medal of the Order of Australia (OAM). Ms Morris is a member of the Australian Institute of Company Directors, a Fellow of Leadership WA and a member of the Vice Chancellor's List, Curtin University.
Dr Zhiqiang Cao Non-Executive Director Jan 2018
Dr Cao is currently the Chairman of Hunan Valin Iron and Steel Group Company Ltd and brings experience in technology and steel mill management, along with a deep background in international cooperation. Dr Cao joined Valin Xiangtan Steel in 1997 and has worked in a variety of roles, including Director of the Research and Development Centre, before being appointed Chief Executive Officer.
Dr Ya-Qin Zhang Non-Executive Director Sep 2019
Dr Cao is a renowned scientist, technologist and business executive. He is the founder and Chairman of Blue Entropy LLC, a Seattle-based technology consulting firm. He joined Tsinghua University as the Chair Professor of AI Science in 2020, starting the Tsinghua Institute for AI Industry Research (AIR). Dr Cao was President of Baidu Inc. (NASDAQ: BIDU) from September 2014 to October 2019, a leading Chinese multinational technology company specialising in Internet related services, mobility, artificial intelligence and cloud computing. Prior to joining Baidu, he was a key executive of Microsoft Corporation for 16 years, including Corporate Vice President for Mobile and Embedded Products, Managing Director of Microsoft Research Asia and Chairman of Microsoft China. Dr Cao has made significant contributions to digital media, AI, autonomous driving and cloud computing industries, with over 60 granted US patents, 500 peer-reviewed publications, and numerous contributions to international standards. He was inducted into the American Academy of Arts and Sciences (AAAS) in 2019 and the Australian Academy of Technology and Engineering (ATSE) as the only foreign fellow in 2017, and became a Fellow of the Institute of Electrical and Electronics Engineers (IEEE) in 1997 at the age of 31, making him the youngest scientist winning this honour in the 100+ year history of the organisation. Dr Zhang has served on the Board of Directors of WPP (NASDAQ: WPPGY), Chinasoft International Ltd (HKEX: 354) and AsiaInfo Technologies Ltd (HKEX: 1675). He serves on the Board of Stewardship for the Future of Mobility of the Davos World Economic Forum and Chairman of the Apollo Alliance, the largest open platform for autonomous driving in the world. Dr Cao has made significant contributions to digital media, AI, autonomous driving and cloud computing industries, with over 60 granted US patents, 500 peer-reviewed publications, and numerous contributions to international standards. He was inducted into the American Academy of Arts and Sciences (AAAS) in 2019 and the Australian Academy of Technology and Engineering (ATSE) as the only foreign fellow in 2017, and became a Fellow of the Institute of Electrical and Electronics Engineers (IEEE) in 1997 at the age of 31, making him the youngest scientist winning this honour in the 100+ year history of the organisation. Dr Zhang has served on the Board of Directors of WPP (NASDAQ: WPPGY), Chinasoft International Ltd (HKEX: 354) and AsiaInfo Technologies Ltd (HKEX: 1675). He serves on the Board of Stewardship for the Future of Mobility of the Davos World Economic Forum and Chairman of the Apollo Alliance, the largest open platform for autonomous driving in the world.

Mr Cameron Wilson Company Secretary Feb 2018
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Ms Alison Terry Group Manager - Corporate AffairsJoint Company Secretary Feb 2017
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Ms Julie Shuttleworth Deputy Chief Executive Officer Feb 2018
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Ian Wells Chief Financial Officer
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Cameron Wilson Company Secretary
-
Julie Shuttleworth Deputy Chief Executive Officer
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Julie Shuttleworth Fortescue Future Industries Chief Executive Officer
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Alison Terry Group Manager - Corporate AffairsJoint Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Minderoo Group Pty Ltd 918,806,548 29.84%
HSBC Custody Nominees (Australia) Limited 737,872,982 23.96%
J P Morgan Nominees Australia Pty Limited 278,525,262 9.05%
Valin Investments (Singapore) Pte Ltd 228,007,497 7.41%
Citicorp Nominees Pty Limited 127,772,405 4.15%
Emichrome Pty Ltd 93,045,000 3.02%
Amnl Financing Pty Ltd 71,365,581 2.32%
Valin Resources Investments (Singapore) Pte Ltd 37,876,216 1.23%
National Nominees Limited 27,998,523 0.91%
BNP Paribas Noms Pty Ltd 23,273,078 0.76%
Citicorp Nominees Pty Limited I 16,232,801 0.58%
BNP Paribas Nominees Pty Ltd 14,961,792 0.49%
BNP Paribas Nominees Pty Ltd Six Sis Ltd 14,421,733 0.47%
Pacific Custodians Pty Limited 9,678,726 0.31%
HSBC Custody Nominees (Australia) Limited I 9,443,252 0.31%
Peter & Lyndy White Foundation Pty Ltd 8,600,155 0.27%
Pacific Custodians Pty Limited I 8,448,515 0.27%
BNP Paribas Nominees Pty Ltd Acf Clearstream 8,381,363 0.27%
Invia Custodian Pty Limited 8,244,951 0.27%
Pelmavigel Pty Ltd 5,683,491 0.18%

Frequently Asked Questions

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.

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

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