Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia. Look out below! Broker tips Fortescue share price to fall 32% The Fortescue share price is surging 6% today, but what’s next in December? The Fortescue share price has dumped over 10% since Monday. What’s going on?
Is Fortescue Metals Group (FMG) a good dividend stock?Fortescue Metals Group (ASX:FMG) pays an annual dividend of A$2.42 per share and currently has a dividend yield of 11.31%. FMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.94%. Payout ratios above 75% are not desirable because they may not be sustainable.
Is Fortescue the world's fourth-biggest iron ore miner?(Bloomberg) -- Fortescue Metals Group Ltd., the world’s fourth-biggest iron ore miner, has joined forces with Japan’s Mitsubishi Corp. and European steelmaker Voestalpine AG to develop zero-carbon iron using hydrogen at a plant in Austria.
