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

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as at 24 Feb 3:44pm

  • Fortescue Metals Group (ASX: FMG)
    Latest News

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    Major miners fall as iron ore prices continue to sink

    Waning Chinese demand and oversupply concerns push iron ore prices lower.   

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    These ASX dividend shares could rise 25% to 60%

    Brokers expect big returns and great yields from these shares.

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    It was an historic day for the ASX, with the market setting a new record.

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    Want to turn $20K into a $1K second income? Here's how

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    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.

    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

    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.

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