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
Top brokers name 3 ASX shares to sell next week
James Mickleboro | September 13, 2020 10:30am
Top brokers have named Fortescue Metals Group Limited (ASX:FMG) and these ASX shares as sells for next week. Here's why they are bearish... More »
Are higher P/E ratios really here to stay?
Sebastian Bowen | September 13, 2020 8:00am
We have seen some very high price-to-earnings (P/E) ratios across the entire ASX and global markets. How long will these hang around? More »
3 top ASX dividend shares I would buy next week
James Mickleboro | September 13, 2020 7:43am
Looking for dividends? I would buy Fortescue Metals Group Limited (ASX:FMG) and these ASX dividend shares next week... More »
A definitive guide to September ASX share trends
Daryl Mather | September 11, 2020 2:48pm
The turblent market has made it easier to work out which ASX shares investors are buying. Here are 3 profitable trends for September. More »
2 ASX shares I would buy again and one I regret
Daryl Mather | September 11, 2020 9:06am
Investing in ASX shares can teach you a lot, regardless of whether it is a success or a failure. Here are 3 things I... More »
Why the Rio Tinto share price is outperforming its peers
Brendon Lau | September 10, 2020 3:24pm
The S&P/ASX 200 surrendered its morning gains as did most of the major miners. But the Rio Tinto Limited (ASX: RIO) share price is... More »
3 reasons Fortescue (ASX:FMG) shares will make you richer
Daryl Mather | September 10, 2020 8:35am
Yesterday Fortescue shares dropped in value by 2.7%, making them a fantastic opportunity. Here are three reasons why they will make you richer More »
Why you should use the market sell-off to buy these ASX stocks
Brendon Lau | September 9, 2020 2:35pm
It’s hard to cut through the noise when markets are this volatile. But this could be the time to buy ASX iron ore miners.... More »
Top brokers name 3 ASX shares to buy today
James Mickleboro | September 9, 2020 1:25pm
Top brokers have named CSL Limited (ASX:CSL) and these ASX shares as buys this week. Here's why they are bullish on them... More »
Top ASX growth shares to buy in September 2020
Motley Fool Staff | September 8, 2020 6:00am
We asked our Foolish writers to pick their favourite ASX growth shares to buy in September. Here is what the team have come up with… More »
Leading brokers name 3 ASX shares to buy today
James Mickleboro | September 7, 2020 2:00pm
Leading brokers have named Westpac Banking Corp (ASX:WBC) and these ASX shares as buys this week. Here's why they are bullish on them... More »
Why Biotron, Fortescue, Ramelius, & Temple & Webster are storming higher
James Mickleboro | September 7, 2020 12:17pm
Biotron Limited (ASX:BIT) and Fortescue Metals Group Limited (ASX:FMG) shares are two of four storming notably higher on Monday... More »
Forget Westpac’s term deposits and buy these ASX dividend shares
James Mickleboro | September 6, 2020 11:28am
Forget term deposits offered by Westpac Banking Corp (ASX:WBC) and buy these ASX dividend shares instead next week... More »
ASX 200 plunges 3.1%, Afterpay suffers
Tristan Harrison | September 4, 2020 5:41pm
The S&P/ASX 200 Index (ASX:XJO) fell by almost 3.1% today. Growth shares were sold off, including the share price of Afterpay Ltd (ASX:APT). More »
FAQ
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.