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 $69.49 billion
P/E Ratio 13.91
Dividend Yield 4.84%
Shares Outstanding 3.08 billion
Earnings per share 1.097
Dividend per share 1.10
Year To Date Return 3.18%
Earnings Yield 7.19%
Franking 100%
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as at 24 Feb 3:44pm

  • Fortescue Ltd (ASX: FMG)
    Latest News

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    Share Gainers

    Why is the Fortescue (ASX:FMG) share price charging higher today?

    This mining giant is having a good day...

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    What's the latest on Fortescue Future Industries and green hydrogen?

    Fortescue Future Industries (FFI) continues to make progress.

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    Broker Notes

    This broker thinks the Fortescue (ASX:FMG) share price is dirt cheap

    This mining giant's shares could be in the buy zone...

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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.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    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
    13 Jan 2026 $22.57 $0.17 0.76% 7,210,941 $22.43 $22.96 $22.43
    12 Jan 2026 $22.40 $-0.31 -1.37% 6,283,431 $22.78 $22.80 $22.09
    09 Jan 2026 $22.71 $-0.04 -0.18% 7,763,467 $22.58 $22.77 $22.41
    08 Jan 2026 $22.75 $-0.05 -0.22% 5,682,981 $22.84 $23.05 $22.64
    07 Jan 2026 $22.80 $-0.04 -0.18% 8,314,746 $23.35 $23.35 $22.15
    06 Jan 2026 $22.84 $0.35 1.56% 7,514,334 $22.13 $22.84 $22.00
    05 Jan 2026 $22.49 $0.35 1.58% 4,847,562 $22.20 $22.60 $22.17
    02 Jan 2026 $22.14 $0.13 0.59% 2,179,850 $22.00 $22.17 $21.81
    31 Dec 2025 $22.01 $-0.04 -0.18% 2,531,622 $22.10 $22.15 $21.84
    30 Dec 2025 $22.05 $0.05 0.23% 3,148,429 $21.95 $22.13 $21.77
    29 Dec 2025 $22.00 $-0.29 -1.30% 3,843,928 $22.24 $22.24 $21.90
    24 Dec 2025 $22.29 $0.12 0.54% 1,961,834 $22.24 $22.33 $22.12
    23 Dec 2025 $22.17 $-0.09 -0.40% 3,023,555 $22.37 $22.42 $21.94
    22 Dec 2025 $22.26 $0.38 1.74% 2,761,476 $22.19 $22.40 $22.08
    19 Dec 2025 $21.88 $-0.73 -3.23% 16,837,513 $22.41 $22.50 $21.75
    18 Dec 2025 $22.61 $0.16 0.71% 6,747,550 $22.40 $22.61 $22.27
    17 Dec 2025 $22.45 $0.35 1.58% 6,833,905 $21.74 $22.49 $21.70
    16 Dec 2025 $22.10 $-0.64 -2.81% 9,962,662 $22.70 $22.98 $22.00

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    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).
    26 Sep 2025 Larry Marshall Buy 707 $13,308
    Dividend Reinvestment Plan (DRP).
    27 Aug 2025 Mark Barnaba Buy 316 $6,006
    On-market trade.
    27 Aug 2025 Larry Marshall Buy 5,418 $102,986
    On-market trade.
    27 Aug 2025 Usha Rao-Monari Buy 316 $6,006
    On-market trade.
    27 Mar 2025 Larry Marshall Buy 751 $12,148
    Dividend Reinvestment Plan (DRP).
    27 Mar 2025 Mark Barnaba Buy 1,312 $21,223
    Dividend Reinvestment Plan (DRP).
    21 Feb 2025 Mark Barnaba Buy 323 $6,002
    On-market trade.
    21 Feb 2025 Larry Marshall Buy 5,550 $103,141
    On-market trade.
    21 Feb 2025 Usha Rao-Monari Buy 269 $4,999
    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
    Dr Forrest is a global business and philanthropic leader committed to ending fossil fuel use, accelerating green energy, and addressing urgent global challenges, including climate change, humanitarian crises, modern slavery, ocean degradation, plastic pollution, and the safe governance of emerging technologies. He is the founder and Executive Chairman of Fortescue, Australias most successful company for shareholder returns and one of the worlds leading miners and infrastructure operators. He also established Minderoo Foundation, Australias largest philanthropy, underpinned by a mission to improve lives globally. Through Tattarang, one of Australias largest private investment groups, Dr Forrest invests in sectors critical to national resilience and prosperity. These include renewable energy, battery metals, high-performance shipbuilding, iconic Australian brands, medical technology, agri-food, and property. Dr Forrest holds a PhD in Marine Ecology and was appointed an Officer of the Order of Australia for his distinguished service to philanthropy, mining, employment, and sustainable foreign investment. Dr Forrest is a board member of Conservation International and Harvards Salata Institute Advisory Board (SIAB). He is a member of the Giving Pledge and in 2025 was named one of TIMEs 100 Most Influential People in the world.
    Ms Penelope (Penny) Bingham-Hall Non-Executive Director Nov 2016
    Ms Bingham Hall has over 30 years of experience in senior executive and non-executive roles in large 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. Prior to becoming a company director, Ms Bingham Hall was Executive General Manager, Strategy at Leighton Holdings Australias largest 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 Specialised Asset Management. Committee memberships include chairman of People Committee and member of Finance and Risk Management Committee, Safety and Sustainability Committee.
    Ms Yasmin Broughton Non-Executive Director Jul 2025
    Ms Broughton has over 25 years experience in Executive and Non-Executive roles across the mining and energy sectors, and currently serves on the boards of Greatland Gold, Wright Prospecting and Synergy .
    Lord Sebastian Coe Non-Executive Director Feb 2018
    Lord Coe is the Non-Executive Vice Chairman of Wasserman, formerly known as CSM Sport and Entertainment. Lord Coe serves as Non-Executive Director of Allwyn Entertainment AG. He was elected President of the International Association of Athletics Federations in 2015 where he is driving significant governance reforms through the organisation and its 214 Member Federations around the world. 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 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 12 world records. 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. Committee memberships include member of people Committee.

    Mr Mark Bradley Barnaba Non-Executive DirectorLead Independent DirectorNon-Executive Deputy Chairman Feb 2010
    Mr Barnaba has had an international career as an entrepreneur, corporate advisor and independent director for organisations across the finance, technology, infrastructure, natural resources, sports administration and education sectors. He is Chairman of the University of Western Australias Investment Committee and co-chairs the University of Western Australias Business School Board. He 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. In 2009, Mr Barnaba was the recipient of the WA Citizen of the Year Award in Industry and Commerce and in 2015 was named a Member of the General Division of the Order of Australia (AM) for significant service to the investment banking and financial sector, to business education and to sporting and cultural organisations. In his executive career, Mr Barnaba founded, led and sold two companies: GEM Consulting and Azure Capital. He also held several senior executive roles at Macquarie 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 Investment Banking and Finance. Committee Memberships include chairman of Finance and Risk Management Committee and member of Safety and Sustainability Committee.
    Dr Larry Marshall Non-Executive Director Aug 2023
    Dr Marshall sits on the boards of Fortescue Ltd, Nanosonics Limited, Australian National University and Great Barrier Reef Foundation. He formerly chaired the American Chamber of Commerce, and is the longest serving Chief Executive of CSIRO, and led a transformation which achieved the first growth in 30 years, doubled the value delivered to stakeholders, and made CSIRO the first Australian entity to be Thompson Reuters rated in the Global Top 20 Innovators. He has a PhD in Physics and has been honoured for both his business acumen as a Technology and Engineering acumen as a Federation Fellow, and Fellow of Australian Institute of Physics and the Australian Academy of Technological Sciences and Engineering; and an inaugural Male Champion of Change for science, technology, engineering and mathematics (STEM). He is the author of the 2023 book, Invention to Innovation: How Scientists Can Drive Our Economy. He has 100 publications and conference papers, holds 20 patents and has served on 20 boards of high-tech companies operating in the United States, Australia and China. Committee memberships include member of Finance and Risk Management Committee, People Committee, Safety and Sustainability Committee and chairman of Innovation Council.
    Ms Elizabeth Anne Gaines Executive Director Feb 2013
    Ms Gaines led Fortescue as Chief Executive Officer and Managing Director from February 2018 to August 2022, after joining the Executive team as Chief Financial Officer in February 2017 and joining the Board as a Non-Executive Director in February 2013. Ms Gaines has international experience in all aspects of financial and commercial management. Ms Gaines has experience in the resources sector and 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. Ms Gaines has exposure to the drive to transition to green energy and has been a key driver of the goal to decarbonise Fortescues mining operations by 2030. In addition to her role as Executive Director at Fortescue, Ms Gaines is the Deputy Chair of Greatland Resources Limited, Chair of the West Coast Eagles (AFL) Football Club, a Non-Executive Director of the Victor Chang Cardiac Research Institute and a Senior Adviser to Oryx Global Partners Ltd. Ms Gaines was ranked second in the 2019 Fortune Magazines 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. In 2020, Ms Gaines was awarded Joint Australian Businessperson of the Year by the Australian Financial Review. Ms Gaines is a former Chief Executive Officer of Helloworld Limited and Heytesbury Pty Limited and has previously held Non Executive Director roles with Nine Entertainment Co. Holdings Limited, NEXTDC Limited, Mantra Group Limited and ImpediMed Limited.
    Dr Jean Baderschneider Non-Executive Director Jan 2015
    Dr Baderschneider brings 35 years of international experience in supply chain operations and procurement, strategic sourcing and logistics management, along with a deep understanding of high risk operations and locations and complex partnerships. She also has global experience in safety, security and environmental operations and sustainability stewardshi. Dr Baderschneider has served as a member of the International Advisory Committee to the 2024 Conference of the Parties to the United Nations Framework Convention on Climate Change. She 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 and is a past recipient of Cornells Jerome Alpern Award and Nomi Network Corporate Social Responsibility Award. Committee memberships include chairman of Safety and Sustainability Committee and member of Finance and Risk Management Committee, People Committee.
    Ms Yifei Li Non-Executive Director Aug 2022
    Ms Li is the President of the 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 and was formerly the Country Chair for Man Group in China, one of the worlds largest hedge fund managers. Before joining Man Group she had over 18 years of senior management experience, having successfully led the expansion of several multinational companies in China, including Viacom, MTV networks and VivaKi of Publicis Group. Committee memberships include member of People Committee.
    Ms Usha Rao-Monari Non-Executive Director Jan 2024
    Ms Rao Monari is a senior infrastructure investment professional with over 25 years of experience leading investment platforms and departments within asset investment and management organisations. She has held various leadership positions in the United Nations, Blackstone Group, Global Water Development Partners, and the International Finance Corporation. She currently serves as a Member of the Environmental Steering Committee for NEOM, Saudi Arabia Member of the International Advisory Panel on Carbon Credits, Singapore; Commissioner of Global Commission on the Economics of Water, Netherlands and Co-Chair of the Voluntary Carbon Markets Integrity Initiative. She 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 Councils and the CDP North America where she facilitated dialogue, innovation and solutions among public, private and civil society actors. Committee memberships include member of Finance and Risk Management Committee, Safety and Sustainability Committee.
    Mr Noel Pearson Non-Executive Director Aug 2024
    Mr Pearson comes from the Guugu Yimithirr community of Hope Vale, on south eastern Cape York Peninsula. For over 30 years he has pursued land rights and socioeconomic development outcomes for Cape York. Mr Pearson co founded the Cape York Land Council and negotiated with the Keating government with respect to the Native Title Act 1993 after the High Courts landmark Mabo decision. He is the Founder of Cape York Partnership a non profit Indigenous organisation working in the areas of policy, empowerment, health, language and culture; and Good to Great Schools Australia which aims to lift education outcomes for Australian students. 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. Mr Pearson holds a degree in History and Law from Sydney University. Committee memberships include member of Safety and Sustainability Committee.
    Mr Noel Quinn Non-Executive Director Mar 2025
    Mr Quinn took over responsibility for the UK Commercial Banking operations of HSBC and was appointed as Group General Manager HSBC, leading the business during the challenging years following the Global Financial Crisis. From 2011 to 2015, he was the Regional Head of Commercial Banking for Asia-Pacific, based in Hong Kong and was then appointed as Chief Executive, Global Commercial Banking in December 2015. Mr Quinn remains involved with the Sustainable Markets Initiative, which was founded by HM King Charles III, as Prince of Wales, in 2020. He previously chaired its Financial Services Taskforce and as CEO of HSBC he was a Principal member of the Glasgow Financial Alliance for Net Zero. During his time as Group CEO, he has been a member of the World Bank Private Sector Investment Lab. Recently, Mr Quinn has been nominated as the Chair of Julius Baer an international private bank, headquartered in Switzerland. Committee Memberships include member of Finance and Risk Management Committee.
    Mr Dino Otranto Chief Executive Officer Aug 2023
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    Ms Navdeep(Mona) Gill Company Secretary Jul 2024
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    Dino Otranto Chief Executive Officer
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    Shelley Robertson Chief Operating Officer
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    Navdeep(Mona) Gill Company Secretary
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    Apple Paget Group Chief Financial Officer
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 1,514,865,883 49.20%
    Valin Investments (Singapore) Pte Ltd 228,007,497 7.41%
    J P Morgan Nominees Australia Pty Limited 224,906,160 7.30%
    Tattarang Pty Ltd 176,522,507 5.73%
    Citicorp Nominees Pty Limited 135,286,155 4.39%
    Emichrome Pty Ltd 93,045,000 3.02%
    Valin Resources Investments (Singapore) Pte Ltd 37,876,216 1.23%
    BNP Paribas Noms Pty Ltd 33,938,895 1.10%
    Pacific Custodians Pty Limited 23,345,364 0.76%
    Citicorp Nominees Pty Limited 1 21,474,439 0.70%
    Pacific Custodians Pty Limited 1 18,878,534 0.61%
    BNP Paribas Nominees Pty Ltd 15,177,347 0.49%
    BNP Paribas Nominees Pty Ltd 1 14,040,735 0.46%
    National Nominees Limited 13,549,338 0.44%
    HSBC Custody Nominees (Australia) Limited 2 12,158,488 0.39%
    Invia Custodian Pty Limited 8,244,951 0.27%
    Peter & Lyndy White Foundation Pty Ltd 5,117,979 0.17%
    HSBC Custody Nominees (Australia) Limited 3 4,436,717 0.14%
    Pacific Custodians Pty Limited 2 4,171,502 0.14%
    Mr John William Cunningham 4,000,000 0.14%

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