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
Owen Raszkiewicz | March 9, 2015 11:26am
There is a lot of bearish commentary surrounding China, interest rates, quantitative easing and unemployment. This fund manager is putting his money where his... More »
Ryan Newman | March 9, 2015 11:07am
BHP Billiton Limited (ASX:BHP), Rio Tinto Limited (ASX:RIO) and BC Iron Limited (ASX:BCI) have all shown signs of weakness recently. More »
Ryan Newman | March 9, 2015 12:12am
In reality, not even BHP Billiton Limited (ASX:BHP) or Rio Tinto Limited (ASX:RIO) are safe. More »
Ryan Newman | March 6, 2015 1:35pm
Investors continue to punish Fortescue Metals Group Limited (ASX:FMG). Is this a buying opportunity? More »
Ryan Newman | March 6, 2015 10:32am
Even the bigger iron ore plays such as BHP Billiton Limited (ASX:BHP), Rio Tinto Limited (ASX:RIO) and Fortescue Metals Group Limited (ASX:FMG) remain risky... More »
Mike King | March 6, 2015 10:27am
S&P/ASX 200 opens flat More »
Andrew Mudie | March 5, 2015 2:12pm
High risk miner Fortescue Metals Group Limited (ASX:FMG) wants to lower its risk at low iron ore prices but it could be a mistake. More »
Andrew Mudie | March 3, 2015 3:28pm
Can Toll Holdings Limited (ASX:TOL) and QBE Insurance Group Ltd (ASX:QBE) repeat their performance in March? More »
Owen Raszkiewicz | March 2, 2015 2:03pm
Australia's S&P/ASX200 (ASX:XJO) (Index:^AXJO) has jumped to a record high fuelled by the share prices of the big banks and Telstra Corporation Ltd (ASX:TLS).... 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.