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
Mike King | May 30, 2014 3:07pm
The falling iron ore price may not break Rio, but it sure will put a dent in the company's profits More »
Tim McArthur | May 30, 2014 2:08pm
Iron ore has sunk to a new 52-week low. More »
Tim McArthur | May 29, 2014 12:03pm
Here’s what the iron ore price plunge mean for investors. More »
Ryan Newman | May 26, 2014 5:26am
Is there value to be realised from buying the stock today? More »
Darryl Daté-Shappard | May 23, 2014 5:51am
Market anxiety and short-term setbacks can open up opportunities. More »
Ryan Newman | May 20, 2014 4:32pm
Although they’re still down for the year, today’s gain is a victory for shareholders. More »
Tim McArthur | May 20, 2014 5:50am
The iron ore miner has hit a new 2014 year low. More »
Ryan Newman | May 19, 2014 5:33am
Shares have dropped 26.4% since February. More »
Mike King | May 16, 2014 4:43pm
Iron ore and steel prices continue to slide More »
Mike King | May 16, 2014 11:06am
Commodities prices are being hammered, taking resources stocks with it 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.