Fortescue Metals Group Ltd (ASX: FMG) Share Price and News

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Fortescue Metals Group Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $73.90 billion
P/E Ratio 8.93
Dividend Yield 9.92%
Shares Outstanding 3.08 billion
Earnings per share 2.058
Dividend per share 2.94
Year To Date Return 12.59%
Earnings Yield 11.20%
Franking 100%
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as at 24 Feb 3:44pm

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Fortescue Metals Group Ltd (ASX: FMG)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
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 $0.2500 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
03 Sep 2015 $0.0200 100.00% 05 Oct 2015
02 Mar 2015 $0.0300 100.00% 07 Apr 2015
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 $0.0300 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 Metals Group Ltd

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.

FMG Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
03 Aug 2021 $24.00 $-0.39 -1.60% 9,319,910 $24.41 $24.45 $23.84
02 Aug 2021 $24.39 $-0.52 -2.09% 9,642,574 $24.60 $24.66 $24.06
30 Jul 2021 $24.91 $-1.39 -5.29% 13,180,920 $26.30 $26.49 $24.90
29 Jul 2021 $26.30 $0.49 1.90% 6,943,689 $26.50 $26.58 $26.08
28 Jul 2021 $25.81 $-0.01 -0.04% 4,997,961 $25.67 $25.87 $25.52
27 Jul 2021 $25.82 $0.40 1.57% 7,194,722 $25.80 $26.18 $25.61
26 Jul 2021 $25.42 $0.17 0.67% 4,874,054 $25.49 $25.67 $25.34
23 Jul 2021 $25.25 $0.06 0.24% 3,950,115 $24.90 $25.27 $24.81
22 Jul 2021 $25.19 $-0.10 -0.40% 4,932,905 $25.42 $25.63 $25.09
21 Jul 2021 $25.29 $0.12 0.48% 5,893,446 $25.35 $25.83 $25.20
20 Jul 2021 $25.17 $-0.25 -0.98% 6,104,412 $24.90 $25.48 $24.81
19 Jul 2021 $25.42 $-0.36 -1.40% 4,142,222 $25.47 $25.70 $25.21
16 Jul 2021 $25.78 $0.06 0.23% 7,792,996 $25.65 $25.96 $25.37
15 Jul 2021 $25.72 $0.52 2.06% 6,488,074 $25.18 $25.78 $25.05
14 Jul 2021 $25.20 $0.02 0.08% 5,781,869 $25.12 $25.28 $24.89
13 Jul 2021 $25.18 $0.52 2.11% 8,454,012 $24.90 $25.31 $24.62
12 Jul 2021 $24.66 $0.79 3.31% 6,804,411 $24.40 $24.69 $24.33
09 Jul 2021 $23.87 $0.16 0.67% 5,947,431 $23.65 $24.03 $23.54
08 Jul 2021 $23.71 $0.16 0.68% 5,961,788 $23.84 $24.23 $23.63
07 Jul 2021 $23.55 $0.19 0.81% 5,934,345 $23.18 $23.59 $23.10
06 Jul 2021 $23.36 $-0.33 -1.39% 8,128,893 $23.88 $24.05 $23.36

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
26 Mar 2021 John (Andrew) Forrest Buy 10 $193,271,523
On-market trade.
26 Mar 2021 John (Andrew) Forrest Sell 800 $16,120,000
As advised by the company. In relation to the disposal of shares: Vertical Nominees Pty Ltd is no longer trustee for the VN2 Unit Trust and therefore is no longer the registered holder of those shares on behalf of
the VN2 Unit Trust.
24 Mar 2021 Jennifer Morris Issued 986 $21,629
Dividend Reinvestment Plan (DRP).
23 Feb 2021 Jennifer Morris Buy 1 $29,987
On-market trade.
18 Nov 2020 Elizabeth Gaines Issued 291 $4,925,107
Issue of securities. 1,211,685 - Performance Rights
02 Oct 2020 Jennifer Morris Issued 716 $12,770
Dividend Reinvestment Plan (DRP).
02 Oct 2020 Penelope (Penny) Bingham-Hall Issued 2 $45,410
Dividend Reinvestment Plan (DRP).
30 Sep 2020 John (Andrew) Forrest Buy 6 $97,082,411
On-market trade.
03 Sep 2020 Elizabeth Gaines Sell 113 $2,070,147
As advised by the company. disposal of Ordinary Shares
31 Aug 2020 Elizabeth Gaines Buy 498 $8,686,465
Conversion of securities.
31 Aug 2020 Elizabeth Gaines Exercise 498 $8,686,465
Conversion of securities. 920,086 - Performance Rights
27 Aug 2020 Ya-Qin Zhang Buy 12 $230,040
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
Mr Forest was appointed an Officer of the Order of Australia (AO) for distinguished service to the mining sector, to the development of employment and business opportunities, as a supporter of sustainable foreign investment, and to philanthropy. He is Global Patron of the Centre for Humanitarian Dialogue, recipient of the Australian Sports Medal and the Australian Centenary Medal, and VicePatron of the SAS Resources Fund. He is also a Councillor of the Global Citizen Commission, which made a series of human rights recommendations to update the Universal Declaration of Human Rights presented to the United Nations Secretary General in April 2016.
Ms Penelope (Penny) Bingham-Hall Non-Executive Director Nov 2016
Ms Bingham-Hall has over 30 years' experience in senior executive and non-executive roles in large ASX listed companies. She is a Non-Executive Director of Macquarie Specialised Asset Management, the Port Authority of NSW, Taronga Conservation Society Australia and the Crescent Foundation. Ms Bingham-Hall has worked in the construction, infrastructure, mining and property industries across Australia and the Asian region. She has a particular interest in environmental sustainability, workplace safety and indigenous employment.
Lord Sebastian Coe Non-Executive Director Feb 2018
Coe is currently a senior advisor with Morgan Stanley & Co International plc and a Non-Executive Director of the Vitality Group of health and life insurance companies. Based in the United Kingdom, Lord Coe is the Executive Chairman of CSM Sport and Entertainment, within the Chime Communications group. He was elected President of the International Association of Athletics Federations (IAAF) in 2015 where he is driving significant governance reforms through the organisation and its 214 Member Federations around the world.
Mr Mark Bradley Barnaba Non-Executive DirectorLead Independent DirectorNon-Executive Deputy Chairman Feb 2010
Mr Barnaba is a career investment banker, having focussed predominately in the natural resources sector. Mr Barnaba has spent most of his career with McKinsey & Company (both in Australia and overseas), companies. he founded, led and then sold - GEM Consulting and Azure Capital (both independent corporate advisory firms which provide financial, corporate and strategic advice to companies, governments and institutions in the Asia Pacific region), and in several senior executive roles at Macquarie Group (one being the Chairman and Global Head of the Natural Resources Group).
Ms Elizabeth Anne Gaines Executive DirectorChief Executive Officer Feb 2013
Ms Gaines is a experienced business leader with extensive international experience as a Chief Executive Officer and group executive, Ms Gaines has a proven track record in financial and operational leadership across a number of industries, including resources, construction and infrastructure, financial services and travel and hospitality. After joining Fortescue as a NonExecutive Director in February 2013, Ms Gaines was appointed Chief Financial Officer and Executive Director in February 2017. She is a former Chief Executive Officer of Helloworld Limited and Heytesbury Pty Limited and has also held the position of Chief Financial Officer at Stella Group and Entertainment Rights Plc.
Dr Jean Baderschneider Non-Executive Director Jan 2015
Dr Baderschneider is a leader in both business and civil society, Dr Baderschneider brings 35 years' of extensive international experience in procurement, strategic sourcing and supply chain management along with a deep understanding of high-risk operations and locations and complex partnerships. Dr Baderschneider retired from ExxonMobil in 2013 where she was Vice-President of Global Procurement. During her 30-year career, she was responsible for operations all over the world, including Africa, South America the Middle East and Asia.
Ms Jennifer Morris Non-Executive Director Nov 2016
Ms Morris is a former Partner in the Consulting Division of Deloitte, where she specialised in complex large-scale business transformation programs and strategy development. She currently holds a senior position at the Minderoo Foundation as Chief Executive Officer of Walk Free. She has senior corporate governance experience and is currently a Commissioner of the Board of Australian Sports Commission. Ms Morris' various roles in elite sport and the corporate world allow her to provide significant demonstrated experience in the areas of leadership and high performance.
Dr Zhiqiang Cao Non-Executive Director Jan 2018
Dr Cao is currently the Chairman of Hunan Valin Iron and Steel Group Company Ltd and brings extensive experience in technology and steel mill management, along with a deep background in international co-operation. Dr Cao joined Valin Xiangtan Steel in 1997 and has worked in a variety of roles including Director of the Research and Development centre, before being appointed Chief Executive Officer. He holds a PhD in Science and is a senior engineer research fellow.
Dr Ya-Qin Zhang Non-Executive Director Sep 2019
Dr Zhang is currently President of Baidu (NASDAQ: BIDU. During his five years with Baidu, he has led various key functions including technology infrastructure, consumer business, marketing and government relationships, and new business initiatives including finance, education, cloud computing, autonomous driving and global business. Prior to joining Baidu, Dr Zhang was a key executive of Microsoft Corporation for 16 years, including as Corporate Vice President for Mobile and Embedded Products, Managing Director of Microsoft Research Asia, and Chairman of Microsoft China. He currently serves on the Board of Stewardship for the Future of Mobility of the Davos World Economic Forum and Chairman of the Apollo Alliance. He also serves on the board of directors of Chinasoft International Ltd (HKEX: 354), AsiaInfo Technologies Ltd (HKEX: 1675), and Tarena International, Inc. (NASDAQ: TEDU).
Mr Cameron Wilson Company Secretary Feb 2018
-
Ms Alison Terry Group Manager - Corporate AffairsJoint Company Secretary Feb 2017
-
Ms Julie Shuttleworth Deputy Chief Executive Officer Feb 2018
-
Cameron Wilson Company Secretary
-
Julie Shuttleworth Deputy Chief Executive Officer
-
Alison Terry Group Manager - Corporate AffairsJoint Company Secretary
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Minderoo Group Pty Ltd 918,806,548 29.84%
HSBC Custody Nominees (Australia) Limited 729,984,421 23.71%
J P Morgan Nominees Australia Pty Limited 300,102,364 9.75%
Valin Investments (Singapore) Pte Ltd 228,007,497 7.41%
Citicorp Nominees Pty Limited 155,867,760 5.06%
Emichrome Pty Ltd 93,045,000 3.02%
Valin Resources Investments (Singapore) Pte Ltd 76,426,216 2.48%
Amnl Financing Pty Ltd 71,365,581 2.32%
National Nominees Limited 36,909,329 1.20%
Amnl Financing Pty Ltd I 30,365,261 0.99%
BNP Paribas Nominees Pty Ltd 28,205,701 0.92%
BNP Paribas Noms Pty Ltd 21,217,275 0.69%
Citicorp Nominees Pty Limited i 14,583,449 0.47%
Citicorp Nominees Pty Limited II 9,261,571 0.30%
Mr William Graeme Rowley 8,244,951 0.27%
Pacific Custodians Pty Limited 7,916,941 0.26%
HSBC Custody Nominees (Australia) Limited ii 6,466,799 0.21%
HSBC Custody Nominees (Australia) Limited i 6,437,112 0.21%
Pacific Custodians Pty Limited III 5,970,007 0.19%
Peter & Lyndy White Foundation Pty Ltd 5,890,083 0.19%

Frequently Asked Questions

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.

Yes. Fortescue offers shareholders residing in Australia and New Zealand the option of either full or partial participation in its dividend reinvestment plan.

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