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
James Mickleboro | September 4, 2020 4:11pm
Insiders have been buying Fortescue Metals Group Limited (ASX:FMG) and this ASX share. Here's what you need to know... More »
James Mickleboro | September 4, 2020 10:17am
The Fortescue Metals Group Limited (ASX:FMG) share price is dropping lower today despite the release of a positive update... More »
Brendon Lau | September 4, 2020 10:14am
The S&P/ASX 200 Index (Index:^AXJO) is crashing although there's good news for ASX copper miners this morning. More »
James Mickleboro | September 4, 2020 8:41am
Coles Group Ltd (ASX:COL) and Zip Co Ltd (ASX:Z1P) shares have been added to major indices this morning by S&P/ASX Indices... More »
Tony Yoo | September 3, 2020 1:14pm
These businesses provide higher returns to investors in the long term, finds Credit Suisse study. Here we take a look at why they outperform. More »
Brendon Lau | September 2, 2020 2:53pm
The Strike Resources Limited (ASX: SRK) share price may be a victim of buy the rumour, sell the fact. It slumped even as the... More »
Sebastian Bowen | September 2, 2020 2:04pm
ASX shares like Wesfarmers Ltd (ASX: WES) and JB Hi-Fi Limited (ASX: JBH) are amongst the winners from a recently surging Aussie dollar. More »
Sebastian Bowen | September 1, 2020 1:21pm
The Fortescue Metals Group Limited (ASX: FMG) share price went backwards in the month of August, falling by 2.53%. What happened? More »
James Mickleboro | August 31, 2020 12:45pm
Fortescue Metals Group Limited (ASX:FMG) and Pointsbet Holdings Ltd (ASX:PBH) shares are two of four dropping lower on Monday. Here's why... More »
James Mickleboro | August 31, 2020 12:11pm
Fortescue Metals Group Limited (ASX:FMG) and National Australia Bank Ltd (ASX:NAB) shares are making waves on the ASX 200 on Monday... 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.