Fortescue Metals Group (ASX: FMG) Share Price and News
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as at 24 Feb 3:44pm
Fortescue Metals Group (ASX: FMG)
Latest News
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Leading broker just downgraded the Fortescue share price. Is it time to sell?
Broker Notes
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Frequently Asked Questions
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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.
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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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Fortescue listed on the ASX on 19 March 1987.
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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Fortescue Metals Group
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.