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
Brendon Lau | October 26, 2020 6:53pm
The ASX 200 surrendered its morning gains to trade flat. But these three ASX stocks are on a high after being upgraded by brokers... More »
Miles Wu | October 21, 2020 4:14pm
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James Mickleboro | October 19, 2020 7:00am
Here's why I think income investors should buy Fortescue Metals Group Limited (ASX:FMG) and this high yield dividend share... More »
Daryl Mather | October 16, 2020 4:42pm
Intelligent fanatics is a term coined by Charlie Munger, of Berkshire, for leaders who are able to build successful and investable companies More »
Brendon Lau | October 16, 2020 3:59pm
A disappointing quarterly production report may not be the only thing weighing on the Rio Tinto Limited (ASX: RIO) share price. More »
James Mickleboro | October 12, 2020 1:46pm
The Fortescue Metals Group Limited (ASX:FMG) share price is on the move on Monday after providing an update on its share buy-back plans... More »
Sebastian Bowen | October 12, 2020 8:43am
Here on our ASX 200 Foolish Weekly Wrap, we look at the things that moved the S&P/ASX 200 Index and the broader share market... More »
Sebastian Bowen | October 7, 2020 2:10pm
Here's why I think Coles Group Ltd (ASX: COL) and 2 other ASX dividend shares are looking good today for income investors. More »
James Mickleboro | October 7, 2020 7:16am
Here's why I think Fortescue Metals Group Limited (ASX:FMG) and this ASX dividend share would be great options for income investors... More »
Aaron Teboneras | October 6, 2020 5:29pm
It can be quite difficult to pick companies with reliable and growing dividends. Here are my top 3 ASX dividend shares to buy in... 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.