Keyword Analysis & Research: fortescue metals share price may 6

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Is the Fortescue share price down?

The Fortescue Metals Group Limited ( ASX: FMG) share price is starting the week deep in the red. In morning trade, the iron ore giant’s shares are down 6% to $16.21. This means the Fortescue share price is now down by 19% since the start of the year. Why is the Fortescue share price crashing lower today?

Who is Fortescue Metals Group Limited?

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.

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