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Fortescue Ltd (ASX: FMG) is a global leader in the iron ore industry, known for its leading development of world class infrastructure and mining assets in the Pilbara region of Western Australia. Fortescue was founded in 2003 by Andrew Forrest, who is now one of Australia’s wealthiest people. The vast majority of Fortescue’s iron ore, a steel-making ingredient, is shipped and sold to Chinese customers.
The Fortescue Metals Group Limited (ASX:FMG) share price is being whacked today. But there’s a logical reason for it: the dividend.
The Fortescue Metals Group Limited (ASX:FMG) share price is coming under pressure as the iron ore price collapses.
The S&P/ASX 200 (ASX:XJO) pushed higher on Monday as ASX reporting season draws to a close. Fortescue (ASX:FMG) and Altium (ASX:ALU) shares are in the news.
The Fortescue Metals Group Limited (ASX:FMG) share price has jumped 5% after the miner’s big final FY21 dividend and result.
Could the Fortescue Metals Group Limited (ASX:FMG) share price be worth looking at for its 24% dividend yield?
There are plenty of ASX dividend shares that have, or are expected to have, a high dividend yield. Could it be a good idea to focus on buying them?
The S&P/ASX 200 (ASX:XJO) overcame another 8% fall in the iron ore price to deliver a 0.4% gain on Friday as REA (ASX:REA) reported results.
The S&P/ASX 200 (ASX:XJO) powered to another record close on Monday on what’s been dubbed ‘the biggest day in Australian sharemarket history’.
The S&P/ASX 200 (ASX: XJO) finished 0.3% lower on Friday. Redbubble (ASX:RBL) and Marley Spoon (ASX:MMM) shares are in the news.
